Meezan Bank profit after tax reached Rs73.94 billion for the nine months ended September 2026, according to figures published by Arif Habib Limited. That was up 7 percent from Rs69.33 billion in the same period last year. The bank's third-quarter profit grew faster, rising 14 percent to Rs25.85 billion.
Earnings per share and dividend
Earnings per share, the profit attributed to each share, reached Rs41.07 for the nine months, compared with Rs38.50 a year earlier. For the third quarter alone, earnings per share rose to Rs14.36 from Rs12.62. The bank declared a dividend of Rs8 per share for the quarter, and its cumulative dividend for the first nine months of 2026 came to Rs23.50 per share, against Rs21 in the corresponding period last year.
Net profit before tax reached Rs157.83 billion in the first nine months, up 3 percent from a year earlier. The gap between pre-tax and after-tax profit reflects the tax the bank pays, which the figures put at about 52 percent of profit for the third quarter.
Income, expenses and provisions
Net interest income, the difference between what the bank earns on its lending and investments and what it pays on deposits, rose 5 percent to Rs197.72 billion. Total income increased 7 percent to Rs233.81 billion. Non-funded income, which does not come from lending, stayed broadly flat at around Rs12 billion. Fee income rose 6 percent to Rs8.2 billion, while foreign exchange income fell 12 percent to Rs2.8 billion.
Operating expenses for the third quarter rose 20 percent from the previous quarter to Rs28 billion, but were broadly flat compared with a year earlier. The cost-to-income ratio, which shows how much of income goes on running costs, improved to around 35 percent from 38 percent in the third quarter of 2025. The bank also recorded a provisioning reversal of Rs2.5 billion during the quarter, meaning money set aside earlier against possible loan losses was released. The effective tax rate for the quarter was about 52 percent, compared with 55 percent in the second quarter of 2026.
Deposits, lending and share valuation
Deposits rose 24 percent year on year to Rs3.93 trillion, while net advances, the bank's lending to customers after provisions, climbed 42 percent to Rs1.61 trillion. Investments grew 21 percent to Rs3.04 trillion, and borrowings rose 67 percent to Rs835.15 billion. The same figures put the shares at a price-to-book ratio of 3.1 times, which compares the share price with the bank's book value, and a projected dividend yield of 5.8 percent for calendar year 2026.
Aasan alfaaz mein
Meezan Bank ka nau mahinon ka munafa Rs73.94 arab rupay raha, jo pichle saal se 7 fisad zyada hai. Teesri sehmahi mein munafa 14 fisad barh kar Rs25.85 arab rupay ho gaya. Bank ne is sehmahi ke liye Rs8 fi sehm dividend ka elaan kiya hai. Aam aadmi ke liye yeh mazboot kaarkardagi ka ishara hai, lekin is se qeemton ya bijli ke billon par seedha asar nahi parta.
