Karachi: Faysal Bank Limited (FBL) announced its financial results for the second quarter of 2026, concluding on June 30, with steady earnings and the approval of an interim cash dividend. The Board of Directors, in a meeting held on August 6, 2026, in Karachi, approved an interim cash dividend of Rs. 1.5 per share, equating to 15%, for its shareholders. This follows a similar 15% interim cash dividend paid for the first quarter ended March 31, 2026.
According to the financial statements, FBL's total assets stood at Rs. 1.85 trillion as of June 30, 2026, showing a notable increase from Rs. 1.77 trillion at the end of 2025. The bank's investment portfolio also expanded, reaching Rs. 708.32 billion from Rs. 634.94 billion, highlighting a significant move. The bank's liabilities were reported at Rs. 1.74 trillion, up from Rs. 1.66 trillion at the end of 2025.
The bank's financial performance included a profit before taxation of Rs. 20.52 billion for the first half of 2026, a figure slightly lower than the Rs. 21.85 billion reported in the same period last year. The profit after taxation was Rs. 10.01 billion, showing stability compared to Rs. 10.01 billion in the first half of 2025. Meanwhile, basic and diluted earnings per share remained consistent at Rs. 6.60, compared to Rs. 6.59 in the previous year.
The bank's net profit for the quarter ended June 30, 2026, amounted to Rs. 9.42 billion before credit loss allowances, slightly down from Rs. 9.54 billion in the corresponding quarter of 2025. The reversal of credit loss allowance contributed positively to the bank's financial health, with a net reversal of Rs. 897.55 million for the half-year period.
Fee and commission income showed a positive trend, reaching Rs. 7.47 billion in the first half of 2026, compared to Rs. 6.48 billion in the same period last year. FBL's foreign exchange income also rose to Rs. 4.45 billion from Rs. 3.68 billion, marking a big move. However, the bank experienced a loss from derivatives, amounting to Rs. 1.82 million for the half-year period.
According to information available from the Pakistan Stock Exchange (PSX), the bank's shares have continued to reflect investor confidence, supported by the stable dividend payouts and effective management strategies.
In terms of operational efficiency, FBL's operating expenses totaled Rs. 28.55 billion for the first half of 2026, compared to Rs. 28.23 billion in the first half of 2025. The bank's profit before taxation for the second quarter stood at Rs. 9.75 billion, marking a consistent performance when compared to Rs. 10.74 billion in the same period last year.
The bank's share transfer books will remain closed from August 20, 2026, to August 22, 2026, for the interim dividend distribution. Transfers received by the close of business on August 19, 2026, will be considered in time. The detailed financial statements, both unconsolidated and consolidated, have been made available and will be transmitted through PUCARS separately.
Designated Market Category: Financial Institutions.