Bank Alfalah Limited reported a profit after tax of PKR 30.61 billion for the nine-month period ending September 30, 2026, following a board of directors meeting on October 22, 2026. The institution declared a third interim cash dividend of PKR 1.50 per share, or 30 percent, bringing the total cash dividend payout for the period to PKR 4.50 per share, or 90 percent, compared to the restated PKR 3.75 per share, or 75 percent, from the same period in 2025.

Financial Performance

The company saw a 42.8 percent increase from the same period last year, raising its earnings per share to PKR 9.71 in the first nine months of 2026 from PKR 6.80 during the same months in 2025. Capital gains, better net interest income, and controlled expenses pushed the bottom line upward while maintaining core strategies.

Deposits stayed above the 2.5 trillion mark, ending at PKR 2.62 trillion with a 20.8 percent year-on-year rise. Current deposits hit PKR 1.10 trillion, showing a 16.9 percent year-on-year increase. The gross loan book expanded to PKR 1.20 trillion, representing an 11.3 percent year-on-year growth due to expansion in small and medium enterprise, agricultural, and consumer divisions.

Net Interest Income rose by 5.5 percent year-on-year, aided by larger average current account volumes and credit margins. Non-funded income grew by 31.1 percent from strategic portfolio rebalancing, higher foreign exchange earnings, and diversified fee growth across remittances, government-to-person programs, branch channels, trade, cash, and wealth management. Cost-control measures limited operating expense growth to 4.1 percent.

The institution maintained a capital adequacy ratio of 14.79 percent as of September 30, 2026.

Major Milestones

The firm finalised a PKR 20 billion Subordinated Tier II Term Finance Certificate issuance in the third quarter of 2026, which is now listed on the Pakistan Stock Exchange.

Bank Alfalah received the Best Bank for Digital Excellence Award for the fifth straight year at the 11th Pakistan Banking Awards in 2026 for its financial and digital lifestyle automation.

The company invested over PKR 400 million during the first nine months of 2026 through corporate social responsibility and Islamic charity programs directed at community development.

Outlook

The bank will prioritize sustainable growth through consumer and small and medium enterprise lending portfolios, alongside a low-cost deposit base. Capital will continue to flow into digital transformation, environmental, social, and governance initiatives, and operational efficiency.