{
  "id": 16052674,
  "title": "HBL posts 9M’26 profit before tax of Rs115bn",
  "url": "https://urgent.news/2026/10/22/hbl-posts-9m26-profit-before-tax-of-rs115bn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T13:54:40.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40445471/hbl-posts-9m26-profit-before-tax-of-rs115bn"
  },
  "original_language": "en",
  "account": null,
  "summary": "HBL, Pakistan's largest private sector bank, has announced a record quarterly profit before tax of Rs41.9 billion for the third quarter of 2026. The bank's total profit for the nine months ending September 30, 2026, reached Rs115 billion, with profit after tax amounting to Rs54.1 billion. The company declared an interim cash dividend of Rs6.0 per share, in addition to the previously paid Rs12 per share, representing a 120% increase. HBL's balance sheet grew by 16% to Rs8.9 trillion, with total deposits closing at Rs5.9 trillion. Total advances increased to Rs2.2 trillion, with consumer lending portfolio reaching Rs199 billion and agriculture financing surpassing Rs119 billion. The bank's net interest income rose to Rs210 billion, driven by volumetric expansion and a stronger funding mix. HBL's Tier I Capital Ratio (Tier I CAR) and total Capital Ratio (total CAR) remained well above required levels at 12.75% and 16.09%, respectively.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}