Bank AL Habib Limited (PSX: BAHL) reported a profit after tax of Rs19.79 billion for the half year ended June 30, 2025, marking an 8.66% decline compared to Rs21.66 billion in the same period of 2024.
The bank’s earnings per share (EPS) decreased to Rs17.8, down from Rs19.49 in H1 2024, reflecting a decrease of 8.67%.
Total income dropped by 7.54% to Rs83.12 billion, primarily driven by a 26.91% decrease in mark-up/interest earned, which stood at Rs178.13 billion. However, non-markup income increased by 9.74%, reaching Rs16.61 billion, supported by a 17.29% rise in fee and commission income and a 2.59% increase in foreign exchange income.
Operating expenses increased by 12.28% to Rs44.93 billion, contributing to an overall increase in total non-markup expenses, which rose by 11.46%. Credit loss allowance and write-offs showed a reversal of Rs2.65 billion, compared to a provision of Rs7.39 billion last year.
Profit before taxation stood at Rs39.98 billion, reflecting a 3.50% decline from Rs41.43 billion in H1 2024. After accounting for taxation of Rs20.19 billion, the profit attributable to equity holders of the holding company was Rs19.78 billion, down by 8.68% year-on-year.
The board declared an interim cash dividend of Rs3.5 per share, maintaining the same payout as in the corresponding period last year.
Despite a negative market-wide trend, the company’s stock maintained status quo, closing almost 0.7% below its opening price, showing investor confidence in the bank’s financials.
