Lahore: The Bank of Punjab's Board of Directors, during a meeting convened on August 28, 2026, ratified the financial statements for the half year ending June 30, 2026. The meeting, held at the bank's headquarters in Lahore, concluded with the approval of an interim cash dividend of PKR 1.6 per share, equating to a 16% payout.

According to the disclosed financial results, the bank witnessed a reduction in its profit after taxation for the half year ending June 30, 2026. The profit stood at 9.53 billion rupees, compared to 6.80 billion rupees for the same period the previous year. This decrease marks a very large or significant move relative to the prior period's performance. For the quarter ending June 30, 2026, the profit after taxation dipped to 4.76 billion rupees from 5.01 billion rupees in the corresponding quarter of the previous year.

In terms of comprehensive income, the bank reported a total of 4.92 billion rupees for the half year, a decrease from the previous year's figure of 9.22 billion rupees. Similarly, the total comprehensive income for the quarter ending June 30, 2026, was 7.74 billion rupees, down from 8.54 billion rupees in the same quarter of the previous year.

The bank's report indicates that there will be no issuance of bonus or right shares, nor any additional corporate actions or price-sensitive information disclosed during this period. The detailed standalone and consolidated financial statements, including the bank’s position, profit and loss, equity changes, and cash flows, were made available as annexures to the financial report.

According to information available from the Pakistan Stock Exchange (PSX), the dividends will be distributed to shareholders recorded in the bank's register as of September 10, 2026. The share transfer books will be closed from September 11 to September 13, 2026, inclusive of both dates.

Stakeholders and potential investors may review the bank's half-yearly report, which will be disseminated via the Pakistan Unified Corporate Action Reporting System (PUCARS), ensuring compliance with regulatory timelines.