Karachi: Habib Bank Limited (HBL) has announced its financial results for the third quarter ending on September 30, 2026, revealing a substantial increase in assets and profitability. The figures were disclosed in a report dated October 22, 2026.

HBL's total assets surged to 8.93 trillion rupees by the end of September 2026, up from 7.71 trillion rupees as of December 31, 2025. This marked a significant move in the bank's asset base, with a notable increase in investments from 4.19 trillion rupees to 5.43 trillion rupees. Advances also saw a rise to 2.16 trillion rupees from the previous 2.08 trillion rupees.

The bank's liabilities rose to 8.42 trillion rupees, compared to 7.22 trillion rupees at the end of the previous year. Borrowings increased significantly to 2.05 trillion rupees from 1.22 trillion rupees, while deposits and other accounts grew to 5.89 trillion rupees from 5.55 trillion rupees.

Net assets stood at 502.37 billion rupees, showing an improvement from 488.61 billion rupees recorded at the end of December 2025. This rise in net assets was largely attributed to an increase in unappropriated profit, which reached 295.94 billion rupees from 273.41 billion rupees.

According to information available from the Pakistan Stock Exchange (PSX), HBL's net mark-up income for the nine months ending September 30, 2026, was 210.43 billion rupees, up from 207.33 billion rupees over the same period in the previous year. This was complemented by a total non mark-up income of 72.67 billion rupees, compared to 67.54 billion rupees the prior year.

The bank's total income for the nine months was reported at 283.10 billion rupees, compared to 274.86 billion rupees in the corresponding period of 2025. Non mark-up expenses reached 163.96 billion rupees, up from 154.89 billion rupees the previous year, resulting in a profit before taxation of 115.05 billion rupees, a slight increase from 112.16 billion rupees.

HBL's profit after taxation for the first nine months of 2026 was 54.11 billion rupees, an increase from 51.38 billion rupees in the same period last year. Profit attributable to equity holders of the bank was 54.04 billion rupees, compared to 51.29 billion rupees reported last year. Non-controlling interest accounted for 70.43 million rupees, down from 86.99 million rupees previously.

Basic and diluted earnings per share rose to 36.84 rupees from 34.97 rupees in the prior year, reflecting the bank's strengthened financial performance.