SCBPL 9MCY26 profit drops 21%

Standard Chartered Bank (Pakistan) Limited posted a 21% fall in net profit to Rs17.87bn for the nine months through September 30, 2026, Mettis Global reported. Earnings per share declined to Rs4.62 from Rs5.82 a year earlier. In Q3CY26, however, profit increased 2% to Rs6.09bn, with EPS at Rs1.57.

The nine-month result reflected lower income: net mark-up income fell 15% to Rs40.61bn, while non-mark-up income decreased 18% to Rs12.95bn. A Rs207.74m securities loss, compared with a Rs2.25bn gain in the corresponding 2025 period, and a 29% reduction in fee and commission income weighed on that income. Foreign exchange income rose 25% to Rs8.13bn, while expenses excluding mark-up costs edged down 1% to Rs17.61bn. Profit before tax dropped 19% to Rs37.12bn, partly offset by an 18% lower tax charge.