Total Assets Increase 9.7% to PKR 7.75 Trillion; Capital Adequacy Ratio Stands at 21.12%
Thank you for reading this post, don't forget to subscribe!Karachi: The National Bank of Pakistan (NBP) has reported a profit after tax of PKR 48.9 billion, with earnings per share of PKR 22.98, for the nine months ended September 30, 2026. The Bank’s Board of Directors approved the interim condensed financial statements at a meeting held on October 28.
Operating in a lower interest-rate environment and against an exceptionally strong performance in the corresponding period last year, NBP recorded total income of PKR 193.6 billion during the first nine months of 2026.
Gross interest income declined by 6.4% year-on-year to PKR 562.6 billion, primarily due to lower average interest rates. Income from the Bank’s investment portfolio stood at PKR 427.1 billion, while the cost of funds amounted to PKR 406.5 billion, resulting in net interest income of PKR 156.1 billion.
Non-fund income reached PKR 37.5 billion. Foreign exchange income increased by 24.3% to PKR 5.9 billion, while dividend income grew by 33.4% to PKR 5.2 billion. Fee and commission income stood at PKR 17.9 billion amid lower business volumes. Capital gains amounted to PKR 9.8 billion, compared with PKR 13.3 billion in the corresponding period of 2025, when capital-market conditions were particularly favourable.
The Bank’s operating expenses increased by 8.8% year-on-year to PKR 96.8 billion, reflecting inflationary pressures and continued investment in institutional capabilities. Despite the increase, the growth rate remained below the 9.3% recorded in the same period last year. The cost-to-income ratio stood at 50%.
NBP’s total assets increased by 9.7% to PKR 7.75 trillion from PKR 7.07 trillion at the end of 2025. Net advances grew by 1.7% to PKR 1.36 trillion, while investments at cost reached PKR 5.29 trillion, primarily comprising government securities.
Total deposits stood at PKR 4.01 trillion following the Bank’s strategy to rationalise certain high-cost deposits. Core sticky deposits amounted to PKR 3.59 trillion, representing 89.5% of the total deposit base, while current accounts reached PKR 1.90 trillion, accounting for 47.3% of deposits.
During the period, NBP distributed a dividend of PKR 35 per share for 2025, amounting to PKR 74.5 billion. Following the distribution, the Bank reported net assets of PKR 470.2 billion and total eligible capital of PKR 478.2 billion.
The Bank’s Capital Adequacy Ratio (CAR) stood at 21.12%, with a Tier 1 capital ratio of 16.46% and a leverage ratio of 3.69%, all remaining above applicable regulatory requirements. Furthermore, NBP’s standalone credit rating of AAA, the highest rating awarded to a bank in Pakistan, was reaffirmed by PACRA and VIS Credit Rating.
On September 3, 2026, the Federal Government appointed Imran Sarwar as President and Chief Executive Officer of NBP for a three-year term.
Commenting on the Bank’s performance, the President said that NBP’s strength lies in the trust of its customers, the dedication of its employees and the resilience of its balance sheet. He noted that the results reflected prevailing interest-rate conditions while demonstrating the Bank’s continued profitability and strong capital position, even after returning substantial value to shareholders.
NBP continues to support key segments of Pakistan’s economy, including agriculture, small and medium enterprises (SMEs), microfinance and Islamic banking through its Aitemaad network. The Bank is also advancing its digital transformation agenda, integrating Environmental, Social and Governance (ESG) principles into its strategy, expanding green banking products and strengthening its corporate social responsibility initiatives.
Established in 1949, National Bank of Pakistan has played an important role in promoting financial inclusion and supporting the country’s socio-economic development. Guided by its commitment to national progress, the Bank continues to advance its mission under the tagline: “Ek Azm, Ek Pehchan – National Bank Aur Pakistan.”
