Meezan Bank Limited reported a profit after tax of Rs 73.94 billion for the nine months ending September 2026. This figure represents a 7 percent increase from the Rs 69.33 billion recorded during the same period last year.
Earnings per share reached Rs 41.07 for the nine-month period. For the third quarter of 2026 alone, profit after tax rose 14 percent year over year to reach Rs 25.85 billion.
Quarterly earnings per share climbed to Rs 14.36 during that three-month window. The bank declared a dividend of Rs 8 per share for the third quarter.
Cumulative dividends for the first nine months of 2026 reached Rs 23.50 per share. Net profit before tax reached Rs 157.83 billion over the first nine months.
Net interest income grew 5 percent to Rs 197.72 billion. Total income rose 7 percent to Rs 233.81 billion.
Fee income of Rs 8.2 billion increased by 6 percent. Foreign exchange income declined 12 percent to Rs 2.8 billion.
Deposits increased 24 percent year over year to Rs 3.93 trillion. Net advances rose 42 percent to Rs 1.61 trillion.
Investments grew 21 percent to Rs 3.04 trillion. Borrowings climbed 67 percent to Rs 835.15 billion.
Operating expenses for the third quarter increased 20 percent quarter over quarter to Rs 28 billion. The cost-to-income ratio improved to around 35 percent in the third quarter of 2026.
The bank recorded a provisioning reversal of Rs 2.5 billion during the quarter. An effective tax rate of approximately 52 percent stood for the quarter.
MEBL shares are trading at a price-to-book ratio of 3.1 times. The projected dividend yield is 5.8 percent for calendar year 2026.
