Meezan Bank reports Rs74.65bn nine-month profit, declares Rs8 dividend

Meezan Bank Ltd MEBL reported consolidated net profit of Rs74.65 billion for the nine months ended 30 September 2026, up from Rs70.52 billion in the same period a year earlier. The board declared an interim cash dividend of Rs8 per share alongside the results.

For the third quarter, net profit was Rs26.01 billion, compared with Rs23.38 billion in Q3CY25. Over the nine-month period, total income rose 7% to Rs233.81 billion. Net profit or return earned after expenses on deposits and other dues was Rs197.72 billion, up from Rs188.21 billion.

Operating expenses increased 16.5% to Rs72.12 billion. Net credit loss allowance, provisions and write-offs were Rs65.62 million, compared with Rs3.63 billion in 9MCY25. The bank recorded profit before taxation of Rs157.83 billion, up 3.4%.

Market data timestamped 17:59 PKT on 22 October showed MEBL at Rs544.45, down Rs2.50, or 0.46%, from its previous close of Rs546.95. Volume was 315,455.