Samba Bank’s nine-month profit drops 38%

October 20, 2025 (MLN): Samba Bank Limited (PSX: SBL) has shared its financial results for the nine months ended September 30, 2025, posting a profit after tax of Rs472.4m, a 38.4% decline from Rs766.59m in the same period last year (SPLY).

The earnings per share (EPS) stood at Rs0.47, down from Rs0.76 in SPLY.

The bank’s total income for the period fell 18.4% to Rs5.72bn, compared to Rs7.01bn last year, largely due to contraction in interest earnings.

Net mark-up/interest income dropped 24.4% to Rs4.31bn, as mark-up earned fell 26.1% to Rs16.59bn, while interest expense declined 26.7% to Rs12.29bn.

On the other hand, non-markup income improved 7.3% to Rs1.41bn, driven by significant gains on securities amounting to Rs546.57m and a surge in other income to Rs41.51m, compared to Rs1.64m last year. However, foreign exchange income fell sharply by 43.2% to Rs505.33m.

Operating expenses were marginally lower at Rs3.88bn, down 0.9% year-on-year, while total non-markup expenses, including the Workers’ Welfare Fund and other charges, decreased slightly by 1.5% to Rs3.90bn.

Credit loss allowances and write-offs dropped 48.8% to Rs789.12m, showing improved asset quality. Consequently, the bank’s profit before taxation stood at Rs1.03bn, a 31.9% decline from Rs1.51bn a year earlier.

After accounting for taxation of Rs552.17m, the net profit settled at Rs472.4m.

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