JSBL 9MCY26 profit dips 6%

JS Bank Limited (JSBL) recorded consolidated net profit of Rs5.72 billion for the nine months ended September 30, 2026, down 6% from Rs6.09 billion a year earlier, Mettis Global reported. Basic and diluted earnings per share, however, increased 5% to Rs2.38 from Rs2.26. In the third quarter, profit rose 29% year on year to Rs992.19 million, with EPS of Rs0.35.

For the nine-month period, net mark-up income grew 6% to Rs49.83 billion as interest expenses fell faster than income earned. But non-mark-up income dropped 26% to Rs13.35 billion, reflecting an 86% decline in securities gains, while total income slipped 3% to Rs63.18 billion. Expenses increased 10% to Rs52.34 billion, contributing to a 39% fall in profit before credit loss allowance; a net reversal of credit provisions helped limit the decline in profit before tax to 9%.