SBL 9MCY26 profit falls 63%

Samba Bank Limited (SBL) earned Rs174.03 million after tax in the nine months to September 30, 2026, down 63% from Rs472.40 million a year earlier, Mettis Global reported. Earnings per share declined to Rs0.17 from Rs0.47, while the bank recorded a third-quarter loss of Rs99.64 million against a profit of Rs286.88 million in the same quarter of 2025.

Net mark-up income fell 21% to Rs3.40 billion as interest and deposit-related costs increased faster than earnings. Non-mark-up income also slipped 13% to Rs1.23 billion, with lower foreign exchange and other income outweighing growth in fees and dividends. Operating expenses rose 9% to Rs4.24 billion, and despite a sharp reduction in credit loss allowances, profit before tax declined 65% to Rs360.17 million.