Askari Bank Q1 2026 Profit Declines 8% as Surge in Operating Costs Offsets Non-Funded Gains
Askari Bank Limited reports a net profit of Rs 6.58 billion for Q1 2026, with an 8% year-on-year dip attributed to rising operational overheads despite a surge in securities gains.
Habib Metropolitan Bank Reports 18% Decline in First Quarter Net Profit Amid Tightening Margins
Habib Metropolitan Bank records a consolidated profit after tax of Rs 5.14 billion for Q1 2026 as shrinking interest margins and rising costs offset non-core income gains.
National Bank of Pakistan Historic Dividend Payout Prime Minister Grants Clearance for Record Rs35 Per Share
Prime Minister Shehbaz Sharif approves National Bank of Pakistan record breaking dividend of Rs35 per share following massive profit growth in CY25.
Faysal Bank Limited Q1 2026 Results Non Funded Income Surge Balances Core Margin Contraction
Faysal Bank reports Rs5.33bn profit for Q1 2026 as massive gains on securities and non funded income offset a decline in net interest margins.
Sitara Petroleum Service Limited IPO Launch SPSL Aims to Raise Rs 4.8 Billion for Fuel Network Expansion
Sitara Petroleum Service Limited SPSL announces its IPO to raise Rs 4.8 billion for oil storage terminals and retail network expansion with Arif Habib Limited as lead manager.
Mari Energies Limited Pivots to Growth with 10 Billion Rupee Investment Strategy
Mari Energies Limited shifts capital allocation toward minerals, technology, and emissions mitigation, opting for strategic reinvestment over shareholder payouts in 2026.
SECP Approves IPOs for Sitara Petroleum and LSE SPAC-I to Fuel Capital Market Growth
The Securities and Exchange Commission of Pakistan greenlights two major IPOs, bringing the total for fiscal year 2025-26 to eleven as market momentum builds.
At Tahur Limited Successfully Concludes Sukuk III Raising Rs800 Million
At Tahur Limited (PREMA) completes its Sukuk III fundraise at Rs800 million reflecting strong investor confidence and successful execution of the green shoe option.
Allied Bank Crosses Rs 3 Trillion Asset Milestone Despite Profit Compression
Allied Bank Limited achieves a historic Rs 3.37 trillion asset base in 2025 while navigating a low-interest-rate environment that impacted annual net profits.
Pakistan National Shipping Corporation Allocates 4 Billion Rupees to Prime Minister’s Austerity Fund
PNSC approves a 4 billion rupee CSR payment to the Prime Minister’s Austerity Fund 2026 following a Federal Cabinet decision to support national recovery.