Bank Alfalah Limited reported Rs30.61 billion in profit after tax for the nine months ended September 30, 2026, representing growth of 42.8% year-on-year.
Earnings per share increased to Rs9.71, compared with Rs6.80 during the corresponding period last year.
Bank Alfalah Announces Third Interim Dividend
The Board declared a third interim cash dividend of:
Rs1.50 per share — 30%
This brings Bank Alfalah’s cumulative cash dividend for the first nine months of 2026 to:
Rs4.50 per share — 90%
compared with Rs3.75 per share during the corresponding 2025 period on a restated basis.
Deposits Rise Above Rs2.6 Trillion
Bank Alfalah’s deposits closed at:
Rs2.62 trillion
representing growth of 20.8% year-on-year.
Current deposits reached Rs1.10 trillion, while the bank’s gross loan book increased 11.3% to Rs1.20 trillion, supported by SME, agriculture and consumer lending.
What Drove the Profit Increase?
The bank attributed the improvement in profitability primarily to:
- capital gains;
- higher net interest income; and
- controlled operating expenses.
Net interest income increased 5.5%, while non-funded income rose 31.1%.
Operating expenses increased only 4.1% during the period.
Bank Alfalah’s capital adequacy ratio stood at 14.79% as of September 30, 2026.
Improvement From First Half
Bank Alfalah had already reported a 39.6% increase in first-half profit after tax to Rs21.32 billion earlier this year.
The nine-month result shows profitability growth accelerated slightly during the third quarter.
Bank Alfalah ended the first nine months of 2026 with Rs30.61 billion in profit after tax, nearly 43% higher than the comparable period last year.
The bank also reported strong deposit growth, a larger loan portfolio and an increased cumulative cash dividend.
