Meezan Bank Announces Rs. 74 Billion Profit for 9 Months

Meezan Bank Limited has recorded a profit after tax of Rs.

Key points

• IMF Forecasts 1.3% Economic Contraction Throughout Middle East, North Africa and Pakistan.
• MEBL shares are trading at a price-to-book ratio of 3.1 times, with a projected dividend yield of 5.8 percent for calendar year 2026.
• For the third quarter of 2026, profit after tax rose 14 percent year over year to Rs.
• 157.83 billion in the first nine months, up 3 percent year over year.
• While foreign exchange income declined 12 percent to Rs, 8.2 billion, up 6 percent.

Meezan Bank Limited has recorded a profit after tax of Rs. 73.94 billion for the nine months concluded September 2026, up 7 percent from Rs. 69.33 billion a year earlier, according to Arif Habib Limited.

Earnings per share reached Rs. 41.07, compared with Rs. 38.50 in the same period last year. For the third quarter of 2026, profit after tax rose 14 percent year over year to Rs. While quarterly earnings per share rose to Rs, 25.85 billion. 14.36 from Rs. 12.62.

For context, the bank maintained its dividend payout, declaring Rs. 8 per share for the third quarter. Its cumulative dividend for the first nine months of 2026 reached Rs. 23.50 per share, compared with Rs. 21 per share in the corresponding period last year.

Net profit before tax reached Rs. 157.83 billion in the first nine months, up 3 percent year over year. Net interest income rose 5 percent to Rs. While total income rose 7 percent to Rs, 197.72 billion. 233.81 billion.

Non-funded income remained broadly flat at around Rs. 12 billion, backed by fee income of Rs. While foreign exchange income declined 12 percent to Rs, 8.2 billion, up 6 percent. 2.8 billion. Deposits and Advances Backing Balance Sheet Expansion.

Meezan Bank's deposits rose 24 percent year over year to Rs. While net advances rose 42 percent to Rs, 3.93 trillion. 1.61 trillion. Investments grew 21 percent to Rs. 3.04 trillion, and borrowings climbed 67 percent to Rs. 835.15 billion.

Operating expenses for the third quarter rose 20 percent quarter over quarter to Rs. While remaining broadly flat on a yearly basis, 28 billion. As the report notes, the bank's cost-to-income ratio improved to around 35 percent from 38 percent in the third quarter of 2025.

Notably, the bank recorded a provisioning reversal of Rs. 2.5 billion during the quarter. Its effective tax rate stood at approximately 52 percent for the quarter, compared with 55 percent in the second quarter of 2026.

MEBL shares are trading at a price-to-book ratio of 3.1 times, with a projected dividend yield of 5.8 percent for calendar year 2026. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

In short, meezan Bank Announces Rs. 74 Billion Profit for 9 Months is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.