The Bank of Punjab net mark-up income after provisions for the period increased by 14%, amounting to a total of 9 billion Rupees during the nine months ended September, 30th 2017
Company’s total non-mark-up income decreased by 5.57%
The Profit after tax for the period took a dip of 19.59% reaching 3.1 billion against last year’s profit of 3.9 billion Rupees.
The company’s earnings per share reached 1.7 rupees in the last nine months vs 2.53 in 2016
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
24,747,659
21,930,613
12.85%
Net mark-up/interest income
11,026,191
8,905,412
23.81%
Net mark-up/interest income after provisions
9,035,709
7,923,712
14.03%
Total non-mark-up/interest income
3,744,438
3,965,415
-5.57%
Total non-mark-up/interest expenses
7,496,885
5,853,270
28.08%
Profit before Taxation
5,283,262
6,035,857
-12.47%
Taxation
2,122,723
2,105,355
0.82%
Profit after taxation
3,160,539
3,930,502
-19.59%
Basic EPS
1.70
2.53
-32.81%
Company release on Earnings Report can be accessed here.