{
  "id": 17076274,
  "title": "NBP Reports PKR 48.9 Billion Profit After Tax for 9M’26, Total Assets Reach PKR 7.75 Trillion",
  "url": "https://urgent.news/2026/10/29/nbp-reports-pkr-48-9-billion-profit-after-tax-for-9m26-total-assets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T14:34:11.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/29/nbp-reports-pkr-48-9-billion-profit-after-tax-for-9m26-total-assets-reach-pkr-7-75-trillion/"
  },
  "original_language": "en",
  "account": "The Board of Directors for National Bank of Pakistan (\"NBP\") recently approved the bank's interim financial statements for the nine months ending September 30, 2026. During this period, NBP reported total income of PKR 193.6 billion and profit after tax of PKR 48.9 billion, translating to earnings per share of PKR 22.98. This performance marked a significant improvement from the comparable period last year, despite a challenging lower interest-rate environment.\n\nGross interest income decreased by 6.4% year-on-year to PKR 562.6 billion, primarily due to the reduced average interest-rate landscape. However, income from the bank's investment portfolio remained robust at PKR 427.1 billion, with a continued focus on shorter-duration government securities. The cost of funds amounted to PKR 406.5 billion, resulting in net interest income of PKR 156.1 billion. Non-fund income totaled PKR 37.5 billion, with foreign-exchange income rising by 24.3% year-on-year to PKR 5.9 billion, and dividend income increasing by 33.4% to PKR 5.2 billion.\n\nFee and commission income stood at PKR 17.9 billion, with a notable 33.4% rise from the previous year, despite lower business volumes. Capital gains decreased to PKR 9.8 billion, down from PKR 13.3 billion in the same period last year, reflecting less favorable market conditions. Operating expenses, however, increased by 8.8% year-over-year to PKR 96.8 billion, a slower pace compared to the 9.3% increase in the previous period. This improvement was attributed to the bank's ongoing cost discipline amid inflationary pressures and investments in its capabilities.\n\nTotal assets grew by 9.7% to reach PKR 7,753.1 billion, while net advances increased by 1.7% to PKR 1,360.8 billion. Investments at cost climbed to PKR 5,290.5 billion, primarily through government securities. The bank rationalized certain high-cost deposits as part of its deposit strategy, with total deposits standing at PKR 4,012.7 billion. The deposit base continues to exhibit a strong composition, with core sticky deposits accounting for 89.5% of total deposits, and current accounts representing 47.3%.\n\nIn 2025, NBP returned PKR 35 per share to shareholders in the form of a dividend, generating a significant return of PKR 74.5 billion. Following this distribution, the bank's net assets stood at PKR 470.2 billion, with total eligible capital at PKR 478.2 billion. The bank's Capital Adequacy Ratio was 21.12%, with a Tier 1 capital ratio of 16.46% and a leverage ratio of 3.69%, both of which remained above the regulatory requirements. These ratios underscore the bank's solid capital position following the substantial shareholder distribution.\n\nNBP's credit rating of \"AAA,\" the highest rating awarded to a bank in Pakistan, was reaffirmed by both PACRA and VIS Credit Rating. On September 3, 2026, Mr. Imran Sarwar was appointed as the new President and CEO for a three-year term. Speaking on the bank's performance, he highlighted that NBP's strength lies in the trust of its customers, the dedication of its people, and the resilience of its balance sheet. The results reflected the prevailing interest-rate environment while demonstrating the bank's profitability and strong capital position, even after returning significant value to shareholders. NBP remains committed to serving priority segments of the economy, such as agriculture, SMEs, microfinance, and Islamic banking, while advancing its digital transformation agenda and embedding ESG principles into its strategy.",
  "summary": "The Board of Directors of National Bank of Pakistan (“NBP” or “the Bank”) met yesterday to approve the Bank’s interim … Read More The post NBP Reports PKR 48.9 Billion Profit After Tax for 9M’26, Total Assets Reach PKR 7.75 Trillion appeared first on ProPakistani .",
  "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."
}