Meezan Bank Limited (PSX: MEBL) reported a profit after taxation of Rs. 70.52 billion for the nine months ended September 30, 2025, reflecting a 10% decline compared to Rs. 78.33 billion in the same period last year.
Key Financial Highlights (9MFY25):
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Earnings Per Share (EPS):Â Decreased to Rs. 38.59 from Rs. 43.42.
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Dividend:Â Declared a payout of Rs. 7 per share.
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Net Profit/Return:Â Contracted 12.1% to Rs. 188.21 billion.
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Total Income:Â Declined 6.9% to Rs. 218.45 billion.
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Profit Before Taxation:Â Fell 7.8% to Rs. 152.71 billion.
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Net Profit Margin:Â Stood at 32.3%, down from 33.4% in 9MFY24.
The bank’s performance was primarily weighed down by a significant compression in its core income, with net profit/return falling 12.1% due to lower yields on Islamic financing assets. This core weakness was partially offset by a robust 46.8% growth in other income, driven by an 8.8-fold surge in foreign exchange income and a 3.6-fold increase in gains on securities. The bank also showed disciplined cost control, reducing total other expenses by 4.6%. However, a 91.2% increase in credit loss provisions further pressured the bottom line.
