Faysal Bank 9M CY26 profit edges up to Rs16bn, declares Rs1.5 dividend

October 22, 2026 (MLN): Consolidated profit after taxation of Faysal Bank Limited (PSX: FABL) rose 0.84% year-on-year to Rs15.68bn for the nine months ended September 30, 2026, compared with Rs15.55bn in the same period last year.

Basic and diluted earnings per share (EPS) increased 0.78% to Rs10.33 from Rs10.25 in the corresponding period last year.

Along with the results, the bank announced an interim cash dividend of Rs1.5 per share of Rs10 each (15%) for the third quarter ended September 30, 2026.

This is in addition to the 15% interim cash dividend for the first quarter ended March 31, 2026 and the 15% interim cash dividend for the second quarter (half year) ended June 30, 2026, both already paid.

The marginal growth was driven by higher non-markup income and a lower tax charge, which offset higher operating expenses, a smaller reversal of credit loss allowance and a decline in profit before taxation.

Profit/return earned grew 1.02% to Rs126.19bn from Rs124.92bn, while profit/return expensed rose 1.44% to Rs73.86bn from Rs72.81bn. Net profit/return edged up 0.43% to Rs52.33bn from Rs52.11bn.

Gain on securities (net) rose 51.54% to Rs3.85bn from Rs2.54bn, foreign exchange income grew 19.44% to Rs7.01bn from Rs5.87bn, and fee and commission income increased 13.31% to Rs13.31bn from Rs11.74bn.

Dividend income climbed 74.55% to Rs442.14m from Rs253.30m, and other income rose 34.93% to Rs314.13m from Rs232.81m. Income from derivatives fell 80.34% to Rs2.23m from Rs11.36m, while net loss on derecognition of financial assets measured at amortized cost widened 50.00% to Rs371.82m from Rs247.88m.

As a result, total other income grew 20.34% to Rs24.55bn from Rs20.40bn, lifting total income 6.03% to Rs76.88bn from Rs72.51bn.

Operating expenses rose 7.61% to Rs45.69bn from Rs42.45bn, and Workers’ Welfare Fund edged up 0.11% to Rs670.11m from Rs669.39m. Other charges plunged 96.89% to Rs2.50m from Rs80.43m. Total other expenses grew 7.30% to Rs46.36bn from Rs43.20bn.

Share of profit of associates rose 23.95% to Rs247.05m from Rs199.31m, taking profit before credit loss allowance up 4.30% to Rs30.77bn from Rs29.50bn.

A net reversal of credit loss allowance and write-offs of Rs1.34bn, down 68.19% from Rs4.20bn last year, kept profit before taxation at Rs32.11bn, down 4.74% from Rs33.70bn.

Taxation fell 9.53% to Rs16.42bn from Rs18.15bn, which left profit after taxation slightly higher at Rs15.68bn.

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