Bank Alfalah proposes 2-for-1 share split

MG News | February 16, 2026 at 10:55 AM GMT+05:00

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February 16, 2026 (MLN): The Board of Directors of Bank Alfalah Limited (PSX: BAFL) has recommended a sub-division of its shares, cutting the face value from Rs10 to Rs5 per share.

Under the proposed 2-for-1 split, shareholders will receive two shares for every one share they currently hold.

Additionally, the bank plans to amend the relevant clause in its Memorandum and Articles of Association to reflect the share sub-division.

The proposals are subject to shareholder approval.

Also, the bank reported a profit after tax (PAT) of Rs27.80 billion for the year ended December 31, 2025, reflecting a 30.3% decline compared to Rs39.86bn in CY24.

Earnings per share (EPS) fell to Rs17.62 from Rs25.27 last year.

The board announced a final cash dividend of Rs3 per share (30%), in addition to three interim cash dividends of 25% each already paid.

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