Askari Bank half-year profit jumps 24% to Rs10.7bn

August 21, 2025 (MLN): Askari Bank Limited (PSX: AKBL) reported a robust financial performance for the half year ended June 30, 2025, with profit after tax rising 24% to Rs10.7bn, translating into earnings per share of Rs7.38 compared to Rs5.61 in the same period last year.

The bank declared a cash dividend of Rs2 per share.

Despite a 39% decline in mark-up/interest earned to Rs148.69bn, mark-up/interest expensed fell more sharply by 71% to Rs106.07bn, resulting in a 40% increase in net mark-up/interest income to Rs42.62bn.

Non-mark-up/interest income grew 33% to Rs49.66bn, although fee and commission income dipped 2% to Rs3.59bn, dividend income dropped 22% to Rs415m, and foreign exchange income declined 38% to Rs1.75bn.

Income from derivatives remained nil, while gain on securities rose 6% to Rs962m and other income surged 24% to Rs314m. 

On the expense side, operating expenses increased 18% to Rs20.85bn, workers’ welfare fund contributions rose 8% to Rs292m bringing total non-mark-up/interest expenses up by 18% to Rs21.14bn.

Profit before credit loss allowance improved 44% to Rs28.52bn, and after accounting for a credit loss allowance of Rs637m, profit before taxation rose 42% to Rs27.88bn.

lastly, taxation increased 32% to Rs17.84bn, 

 
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