NBP Records PKR 23 Billion Profit in Q3 Calender Year 2025

The National Bank of Pakistan (NBP) has achieved a historic milestone by posting its highest-ever quarterly profit of PKR 23 billion in the third quarter of Calendar Year 2025, according to data released by Arif Habib Limited (AHL) Research.

This record-breaking performance comes after a consistent upward trend, with NBP previously earning PKR 21.9 billion in the second quarter of CY25 and PKR 20.8 billion in the first quarter. The strong results highlight the bank’s improved profitability and operational efficiency.

Strong Financial Growth

NBP’s consolidated profit after tax for the nine months ended CY25 surged to PKR 66.3 billion, a massive jump from PKR 4.03 billion in the same period last year, marking a 16 times year-on-year growth.

Earnings per share also increased sharply to PKR 30.88 from PKR 1.72 a year earlier. The growth was primarily driven by a 58% rise in total income and a significant reduction in provisions, which fell 95.9% year-on-year to PKR 2.1 billion.

NBP’s total income reached PKR 237.4 billion during 9MCY25, compared to PKR 150.1 billion in 9MCY24.

• Net interest income remained flat at PKR 109.3 billion but held steady despite a 28% drop in mark-up earned.
• Non-mark-up income rose by 13% year-on-year to PKR 46.1 billion, supported by strong fee and brokerage income and higher gains on securities.
• Operating expenses grew modestly by 11% to PKR 92.1 billion, while the cost-to-income ratio improved to 38.8% from 55.3% last year.

Taxation and Profitability

NBP paid PKR 76.9 billion in taxes, up 532.1% year-on-year, reflecting higher profitability. Despite this, net earnings continued to soar, showing the bank’s resilience amid rising costs and tax pressures.

Quarterly profit before tax jumped 242.7% year-on-year to PKR 49.9 billion, while profit after tax rose over 7.5 times to PKR 23.3 billion compared to PKR 3.1 billion in Q3CY24.

On the balance sheet side:

• Deposits rose 3.8% year-on-year to PKR 4.26 trillion.
• Net advances increased slightly by 1% to PKR 1.26 trillion.
• Investments stood at PKR 4.67 trillion, while borrowings fell by 30% to PKR 1.54 trillion.

NBP’s strong Q3 performance underlines a successful turnaround, supported by higher income, lower provisions, and improved margins. With profitability at record highs and cost controls in place, the bank appears well-positioned for continued stability going into CY26.