National Bank of Pakistan posts Rs32.4bn profit
KARACHI: National Bank of Pakistan delivered a resilient performance in the first half of 2026, posting a profit before tax of Rs67.3 billion and a profit after tax of Rs32.4bn, translating into earnings per share of Rs15.23 for the half year ended June 30. Interest income was supported by robust double-digit volumetric growth in investments, which expanded by 15.1 per cent. This momentum was…
The National Bank of Pakistan (NBP) reported a strong performance in the first half of 2026, achieving a profit before tax of Rs67.3 billion and a profit after tax of Rs32.4 billion. This resulted in earnings per share of Rs15.23 for the period ending June 30. The bank's interest income benefited from robust double-digit growth in investments, which increased by 15.1 percent.
This growth was further bolstered by a more favorable funding mix, with consistent increases in low-cost CASA deposits helping to reduce the overall cost of funds, offsetting the impact of reduced asset yields. The bank generated gross interest income of Rs361.7 billion in the first half of 2026. Non-mark-up income also rose by 3.8 percent year-on-year to Rs27.6 billion, driven by strong performance across various income streams.
Foreign exchange income expanded to Rs5.4 billion from Rs3.5 billion, while dividend income surged by 30 percent to Rs4.1 billion. However, operating expenses rose by 11 percent to Rs65.5 billion.
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