KARACHI, April 28, 2026 — JS Bank Limited (PSX: JSBL) has announced its financial results for the first quarter ended March 31, 2026, reporting a Profit After Tax (PAT) of PKR 1.045 billion, with Earnings Per Share (EPS) standing at PKR 0.51.
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The bank posted a Profit Before Tax (PBT) of PKR 2.175 billion, reflecting steady performance supported by balance sheet growth and improved asset quality during the period.
JS Bank’s total assets rose to PKR 682.877 billion, marking a 4% increase compared to December 2025. The expansion was largely driven by a significant rise in investments, which grew by PKR 89.076 billion on a net basis over the same period.
The bank’s deposit base remained stable at PKR 544.898 billion, with its non-remunerative deposits continuing to account for over 40% of the total mix — a key factor in maintaining a low cost of funds.
A notable improvement in recoveries against non-performing loans (NPLs) supported profitability, as the bank recorded a net reversal of PKR 78.428 million during the quarter. This compares to a provisioning charge of PKR 742.336 million in the corresponding period last year, indicating a marked turnaround in credit quality.
Operating expenses were effectively managed, registering a modest 4% year-on-year increase, reflecting cost discipline amid inflationary pressures.
Commenting on the results, President and CEO Basir Shamsie said the bank remains focused on sectors that contribute to real economic growth, particularly small and medium enterprises (SMEs). He added that JS Bank aims to sustain growth momentum while maintaining a strong and low-cost deposit base.
The results underscore the bank’s ongoing strategy to strengthen its financial position through prudent risk management, targeted lending, and balance sheet optimization.
