NBP posts remarkable growth in half-year performance

August 29, 2025 (MLN): National Bank of Pakistan (PSX: NBP) has released its consolidated financial results for the half year ended June 30, 2025, posting a profit after tax of Rs43.08 billion [EPS: Rs20.05], compared to Rs940.44 million [EPS: Rs0.33] in the same period last year (SPLY), reflecting a substantial increase of 4,480.64%.

As per the consolidated statement of profit and loss, net mark-up/interest income surged by 75.43% YoY to Rs130.63bn in 1HCY24, up from Rs74.46bn reported in SPLY.

This came despite a 27.42% decline in mark-up earned to Rs410.94bn from Rs566.19bn, and a 42.99% fall in mark-up expensed to Rs280.31bn from Rs491.73bn.

Total non-mark-up/interest income clocked in at Rs29.78bn, up 8.03% YoY against Rs27.56bn.

Fee and commission income rose by 34.27% to Rs18.24bn, while dividend income inched up 2.49% to Rs3.21bn.

Foreign exchange income, however, fell 15.62% YoY to Rs3.53bn.

Gains on securities dropped 20.77% to Rs4.63bn, while other income surged 682.56% to Rs767.46m.

The bank also reported a net loss of Rs655.45m on derecognition of financial assets at amortised cost.

On the expenses side, total non-mark-up/interest expenses increased 16.72% YoY to Rs61.18bn, with operating expenses rising 16.70% to Rs61.15bn.

Profit before credit loss allowance/provisions doubled by 100.02% to Rs99.22bn, compared to Rs49.61bn in SPLY.

Credit loss provisions stood at Rs5.95bn, compared to a reversal of Rs1.03bn last year.

The bank’s profit before taxation jumped massively to Rs93.27bn, representing a 5,649.82% rise from Rs1.62bn last year.

Taxation surged to Rs50.19bn from Rs681.72m, a 7,262.72% increase.

Out of the total profit, Rs42.66bn was attributable to equity holders of the bank, while Rs414.84m was attributable to non-controlling interest.

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