BOP profit surges 44% to Rs9.37bn in 1HCY26

According to Mettis Global, The Bank of Punjab (PSX: BOP) lifted its consolidated net profit by 44% in the six months to June 30, 2026, reaching Rs9.37bn compared with Rs6.52bn a year earlier. Earnings per share rose to Rs2.86 from Rs1.98, and the lender also declared a Rs1.60 per share payout, equal to 16%.

Net mark-up income was the main engine, climbing 29% to Rs46.12bn because interest expenses dropped 15% while interest earned eased 3%. Total income rose 24% to Rs56.13bn, with fee and commission income up 50% to Rs9.55bn and foreign exchange income more than doubling.

Some gains were offset by a securities net loss of Rs1.16bn, compared with a Rs2.66bn gain a year earlier, and operating costs rose 20% to Rs35.34bn. Credit loss charges fell 89% to Rs48.91m, which helped lift pre-tax profit 36% to Rs20.29bn.