Allied Bank declares Rs4 dividend

Allied Bank Limited (ABL) posted a consolidated profit after tax of Rs15.97bn for the six months to June 30, 2026, an 11% drop from Rs17.98bn a year earlier, according to Mettis Global. Earnings per share came to Rs13.95 against Rs15.71, and the lender declared a Rs4 per share interim payout alongside the results.

Net mark-up income edged up 3% to Rs53.16bn, as mark-up earned climbed 19% to Rs171.58bn while mark-up expense rose more quickly, up 29% to Rs118.41bn. Non-markup income grew 9% to Rs16.78bn on higher dividend receipts and foreign exchange gains, while operating expenses rose 12% to Rs35.83bn.

Credit loss provisions turned from a Rs3.31bn reversal a year earlier into a net charge of Rs924.33m, which weighed heavily on earnings. Profit before tax fell 14% to Rs32.47bn, but tax costs dropped 17% to Rs16.50bn, which cushioned the hit at the net profit line.