Karachi: Meezan Bank Ltd. has reported its financial results for the quarter and nine-month period ending September 30, 2026, revealing substantial growth in both assets and profits. The bank's unconsolidated condensed interim statement of financial position shows an increase in total assets to 5,397.59 billion rupees as of September 30, 2026, up from 4,806.56 billion rupees at the end of December 2025. This reflects a very large or significant move in the bank's asset base.
The financial results, released on October 22, 2026, indicate a noteworthy expansion in investments, which rose to 3,034.03 billion rupees from 2,596.84 billion rupees, and other assets, which increased to 259.61 billion rupees from 135.29 billion rupees. Balances with other banks also saw a rise to 23.99 billion rupees from 15.39 billion rupees, while cash and balances with treasury banks grew to 363.34 billion rupees from 330.54 billion rupees.
On the liabilities side, deposits and other accounts surged to 3,935.19 billion rupees from 3,302.84 billion rupees, further underscoring the bank's robust growth. However, the bank's due to financial institutions decreased to 835.15 billion rupees from 887.05 billion rupees. Net assets for the bank increased to 297.93 billion rupees from 279.26 billion rupees, with reserves rising to 66.67 billion rupees from 57.96 billion rupees.
According to information available from the Pakistan Stock Exchange (PSX), Meezan Bank's profit and loss account reveals a substantial increase in profit after taxation for the nine months ended September 30, 2026, reaching 74.53 billion rupees, compared to 67.23 billion rupees in the same period the previous year. This reflects a moderate move in profit growth. The bank's net profit for the quarter ended September 30, 2026, was 25.65 billion rupees, up from 21.06 billion rupees in the same quarter of 2025, indicating a big move.
Total income for the nine-month period increased to 229.00 billion rupees from 212.07 billion rupees, while total other expenses rose to 72.34 billion rupees from 60.81 billion rupees. The bank's basic earnings per share for the nine-month period were 41.35 rupees, up from 37.42 rupees in the same period of the previous year, and diluted earnings per share increased to 41.10 rupees from 37.20 rupees.
Meezan Bank's financial performance during the period under review highlights its strong position in the market and its continued growth trajectory. The bank operates within the designated market category of Islamic finance and remains a significant player in the financial sector.