Meezan Bank Posts Rs 23.4 Billion Profit in Q1 2026, Declares 75% Interim Dividend
KARACHI: Meezan Bank has announced strong financial results for the quarter ended March 31, 2026, reporting a Profit After Tax of Rs 23.4 billion, reflecting a 6% year-on-year increase, according to financial statements approved by the Board of Directors.
KARACHI: Meezan Bank has announced strong financial results for the quarter ended March 31, 2026, reporting a Profit After Tax of Rs 23.4 billion, reflecting a 6% year-on-year increase, according to financial statements approved by the Board of Directors.
The Board meeting was chaired by Chairman Riyadh S.A.A. Edrees. Alongside the results, the bank approved an interim cash dividend of 75% (Rs 7.50 per share), underscoring continued value creation for shareholders.
The bank reported a robust annualised Return on Equity (ROE) of 34%, highlighting strong profitability and operational efficiency.
Meezan Bank’s deposit base showed notable expansion, with retail-driven growth increasing total deposits by 10% to Rs 3.6 trillion, reinforcing its position among Pakistan’s largest banks by deposit size. Total assets remained stable at Rs 4.79 trillion during the period.
The results reflect continued momentum in Islamic banking growth, supported by strong customer acquisition, expanding deposit mobilization, and stable balance sheet performance.
