Karachi, Allied Bank Ltd. (ABL) reported a notable increase in its year-ending distributions, announcing an 85% payout for 2022, escalating to 120% for the following year. The bank's share rate stood at Rs. 88.43 today, with a daily weighted average of Rs. 88.07. The bank, which was listed on the Pakistan Stock Exchange in 2005, demonstrated a strong earnings per share (EPS) of Rs. 81.6 for the year 2022/2023. ABL's paid-up capital is recorded at Rs. 11,450.74 million, marking a significant presence in the commercial banking sector.