Karachi: First Credit and Investment Bank Limited announced its financial results for the third quarter ending March 31, 2026, following a board meeting held on April 24, 2026. The company reported a 15.85% increase in profit after taxation for the nine-month period, rising from Rs. 48,106,996 to Rs. 55,728,517, according to the financial disclosures.
In the realm of market activity, the company did not declare any cash dividends, bonus shares, or right shares for the third quarter. The interim cash dividend remained at Rs. Nil per share, and the issuance of interim bonus shares was also not recommended by the board. Consequently, shareholders will not receive any additional entitlements or corporate actions for this period.
According to information available from the Pakistan Stock Exchange (PSX), First Credit and Investment Bank Limited generated operating income of Rs. 73,405,564 for the nine-month period, compared to Rs. 58,040,287 for the same period last year. This reflects a big move of 26.50% in operating income. The company’s income was drawn from several streams, including finance, fund placements, investments, and fees.
The bank’s administrative and operating expenses increased slightly to Rs. 77,805,808 from Rs. 73,153,011 over the nine months. Despite this, the company maintained a robust profit before taxation of Rs. 69,086,171, a significant move of 33.44% from the previous year’s Rs. 51,780,570.
The bank’s earnings per share (EPS) for the nine-month period was reported at Rs. 0.86, up from Rs. 0.74, reflecting the enhanced profitability of the organization. This performance indicates a steady growth trajectory for First Credit and Investment Bank Limited, despite the absence of dividend payouts or share issuance for this quarter.
As per the designated market category, the financial sector witnessed this notable performance, with First Credit and Investment Bank Limited demonstrating resilience and strategic management in its operations amidst varied economic conditions. The company has committed to transmitting its comprehensive quarterly report through PUCARS within the specified timeframe.