Bank Alfalah Limited Announces Modest Earnings, Consistent Dividend

Karachi, Bank Alfalah Limited (BAFL) reported an EPS of Rs. 8.00 for the initial quarter of 2024. The stock traded at Rs. 58.83, closely matching its high of Rs. 58.85, with a turnover reaching 116,212,669 shares. The bank declared a combined dividend of 130%, with a 50% distribution for 2022 and an 80% distribution for 2023. Founded in 2004 and trading with a minimum lot of one share, Bank Alfalah had its latest book closure on March 15.