Appointment of Chairman of the Board
Mr. Javid Bashir Sheikh has been appointed as the Chairman of the Board effective July 6, 2026.
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Mr. Javid Bashir Sheikh has been appointed as the Chairman of the Board effective July 6, 2026.
The report details the progress of First National Bank Modaraba regarding its losses due to Non-Performing Loans and the measures being taken to comply with regulatory requirements.
The appointment of directors to the board of National Bank Modaraba Management Company Limited has been confirmed.
The announcement details the re-election and election of directors at the Extra Ordinary General Meeting of First National Bank Modaraba.
The company disclosed its Shariah compliant financial position and income components for the half year ended December 31, 2025. Bank balances increased year over year, short-term investments also rose, while long-term murabaha investments declined. Profit earned from Shariah compliant bank balances and sukuks fell versus the prior period, while term deposit certificate income also declined.
The company has submitted its quarterly financial statements for the period ended 2026-03-31 to the Pakistan Stock Exchange and stated they will also be placed on its website.
First National Bank Modaraba reported a net loss for the quarter ended March 31, 2026 versus a profit in the same quarter last year. The filing also included nine-month figures, but the quarter columns were used as the primary comparison set.
A meeting of the Board of Directors will be held on April 27, 2026, to consider the quarterly financial results.
Reference
First National Bank Modaraba (FNBM) is tracked on Investify with Pakistan Stock Exchange market data, price history, day range, 52-week range, fundamentals, technical indicators, company announcements and related PSX index context.
FAQ
First National Bank Modaraba (FNBM) last traded at PKR 0.64. The price is unchanged 0.00 (0.00%) from the previous close of PKR 0.64.
First National Bank Modaraba trades on the Pakistan Stock Exchange under the ticker FNBM. On Investify, you can find this stock by searching for FNBM.
The day range for FNBM is PKR 0.64 to PKR 0.64, based on the latest available market data on this page.
The 52-week range for FNBM is PKR 0.60 to PKR 0.70.
FNBM volume is 0 shares in the latest live quote shown by Investify.
FNBM is shown in these PSX index groups on Investify: KSEALL, KMIALL.
FNBM appears in Investify's index membership data for KMIALL, which are PSX Islamic or Shariah-focused index groups.
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First National Bank Modaraba (FNBM) is a Modarabas company listed on the Pakistan Stock Exchange (PSX). This page tracks the live FNBM share price, day range and 52-week range, along with fundamentals, technical indicators, dividends, company announcements and the company profile for PSX investors.
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