Faysal Bank Limited (FBL) has reported profit before tax of Rs31.3 billion and profit after tax of Rs15.2 billion for the nine months ended September 30, 2026, with earnings per share reaching Rs10. The bank’s board has also declared a cash dividend of Rs1.50 per share, equivalent to 15%, for the third quarter, in addition to the Rs3 per share already distributed for the first half of the year. The results reflect the bank’s financial performance during the period, supported by deposit growth, a stronger current account base and a continued focus on managing lending and funding risks. As an Islamic banking institution, Faysal Bank is also prioritising digital services, customer-focused products and the expansion of Shariah-compliant financial solutions.
The bank’s total assets exceeded Rs1.8 trillion, as management adopted a measured approach to balance-sheet expansion while placing emphasis on funding quality. Trade-related activity, transactional flows, a growing customer base and an expanding branch network supported the bank’s operations during the nine-month period. Rather than focusing solely on asset growth, the bank has highlighted the importance of maintaining a stable funding structure and managing lending exposure in line with its risk priorities. This approach is reflected in its deposit composition and the moderation of its advance-to-deposit ratio, which measures the proportion of deposits deployed in advances.
Deposits increased by 9.3% to Rs1.56 trillion, while current accounts recorded stronger growth of 20%, reaching Rs642 billion. The increase in current account balances improved the bank’s funding mix, with current accounts accounting for 41.2% of total deposits compared with 37.5% in December 2025. Current accounts are an important source of funding for banks because they generally provide a lower-cost deposit base than accounts that offer higher returns. The improvement in this segment indicates that a larger share of Faysal Bank’s deposits came from current accounts during the period. The bank’s combined current and savings account ratio, commonly known as CASA, also rose to 85.2% from 81.9% at the end of December 2025.
Faysal Bank’s advance-to-deposit ratio moderated to 50.1% from 61.1% in December 2025, reflecting its stated prudent approach to lending. The ratio compares the bank’s advances with its deposit base and provides an indication of how much of its customer funding is deployed in lending. A lower ratio can provide greater flexibility in managing liquidity, although its implications depend on the bank’s overall asset mix, funding costs and earnings strategy. The bank also reported an infection ratio of 2.4%, indicating the proportion of advances classified as infected under the applicable banking measure. Maintaining asset quality remains important because deteriorating loans can increase provisioning requirements and place pressure on profitability and capital.
The bank further strengthened its capital position through the successful issuance of a Rs7 billion Tier II Sukuk. Tier II instruments form part of a bank’s supplementary regulatory capital, subject to applicable eligibility requirements, and can support its capacity to absorb losses. The Sukuk issuance adds to the bank’s capital resources as it continues to develop its Islamic banking business and invest in service delivery. Alongside its deposit growth and asset quality position, the issuance forms part of the financial measures highlighted by Faysal Bank for the reporting period. The bank has linked its performance to disciplined risk management and a funding structure supported by transactional banking activity.
Mian Muhammad Younis, Chairman of Faysal Bank, thanked customers for their continued confidence in the institution and said serving them across branch and digital channels remained central to its operations. He reiterated the bank’s commitment to expanding access to Shariah-compliant finance and contributing to Pakistan’s economic development. His remarks highlighted the role of customer relationships and service delivery in the bank’s strategy, particularly as financial institutions expand the range of products available through digital channels while continuing to serve customers through physical branches.
Yousaf Hussain, President and Chief Executive Officer of Faysal Bank, said the results reflected a strategy based on low-cost, transaction-led deposits, disciplined risk management and a stronger capital base. He added that the bank’s next phase of growth would focus on expanding digital banking, strengthening trade and transaction capabilities, and reaching more women and underserved customers. These priorities indicate that the bank intends to build on its existing deposit franchise while increasing access to financial services among customer groups that may face barriers to conventional banking. The strategy also places technology and customer-focused delivery at the centre of its planned expansion.
Faysal Bank’s nine-month results combine reported earnings with progress in deposits, capital and funding composition. The increase in current accounts and the improvement in the CASA ratio point to a stronger share of lower-cost deposits, while the lower advance-to-deposit ratio reflects a more cautious lending position. The Rs7 billion Tier II Sukuk has also strengthened the bank’s capital base. With its third-quarter dividend announced and digital, trade-related and inclusion-focused services identified as priorities, the bank is positioning these areas as key components of its continued development in Pakistan’s Islamic banking sector.
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