Faysal Bank Ltd. Net mark-up/interest income for the nine months ended September 30, totaled at 10.3 billion increasing 16.4% from last year’s net income value of 8.89 billion
Bank’s net mark-up/interest income after provisions witnessed a significant increase of around 29% during the last nine months clocking in at 11.12 billion
Bottom line profits reached 3.82 billion up 2.06% against 3.75 billion last year
Company’s earnings per share for the reported period is at 2.90 vs 2.84 during FY ‘16
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Net mark-up/interest earned
21,306,501
19,559,699
8.93%
Net mark-up/interest income
10,359,184
8,899,482
16.40%
Net mark-up/interest income after provisions
11,123,960
8,614,735
29.13%
Total non-mark-up/interest income
4,325,748
5,612,164
-22.92%
Total non-mark-up/interest expenses
9,079,882
8,418,164
7.86%
Profit before Taxation
6,350,451
5,798,938
9.51%
Taxation
2,525,384
2,050,918
23.13%
Profit after taxation
3,825,067
3,748,020
2.06%
Basic EPS
2.90
2.84
2.11%
Company release on Earnings Report can be accessed here.