Karachi: Askari Bank Limited has released its financial results for the quarter ending on September 30, 2026, showing a significant increase in both assets and liabilities compared to the previous year's figures. The report, dated October 22, 2026, provides an in-depth look into the bank's financial performance and position.
The bank's total assets rose to 3.06 trillion rupees from 2.90 trillion rupees as of December 31, 2025. This growth is largely attributed to the increase in investments, which climbed to 2.06 trillion rupees from 2.03 trillion rupees, and advances, which increased to 667.31 billion rupees from 586.62 billion rupees. Additionally, cash and balances with treasury banks saw a rise to 127.57 billion rupees from 108.64 billion rupees, marking a notable improvement in the bank's liquid assets.
On the liabilities front, Askari Bank's total liabilities increased to 2.90 trillion rupees from 2.74 trillion rupees, primarily driven by deposits and other accounts, which surged to 1.82 trillion rupees from 1.63 trillion rupees. Borrowings decreased slightly to 964.58 billion rupees from 994.57 billion rupees. The bank's net assets showed a moderate move, increasing to 155.36 billion rupees from 151.75 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), Askari Bank's non-markup income for the nine-month period ending September 30, 2026, showed a very large or significant move, rising to 19.56 billion rupees from 13.07 billion rupees in the same period last year. This was fuelled by gains on securities and foreign exchange income, which contributed significantly to the bank’s revenue streams.
The bank's profit before taxation for the nine-month period stood at 43.49 billion rupees, slightly up from 43.35 billion rupees in the previous year, showing no change. However, the profit after taxation increased to 20.51 billion rupees from 18.06 billion rupees, reflecting a moderate move. Basic and diluted earnings per share for the nine-month period improved to 14.15 rupees from 12.46 rupees.
Askari Bank's financial performance underscores its resilience and capacity to enhance its asset base while managing liabilities effectively. The bank continues to navigate the financial landscape with strategic investments and robust management, as indicated by the latest figures.