External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Bank Alfalah (BAFL) announced its 1Q2026 result today, where the bank recorded consolidated earnings of Rs10.9bn (EPS of Rs3.48), up 55% YoY and 71% QoQ.</li><li>Bank has reduced its borrowing position to Rs133bn in Mar 2026 from Rs832bn in Dec-25.</li><li>Net Interest Income (NII) for 1Q2026 settled at Rs34bn, up 4% YoY and 1% QoQ.</li></ul>

Bank Alfalah (BAFL) announced its 1Q2026 result today, where the bank recorded consolidated earnings of Rs10.9bn (EPS of Rs3.48), up 55% YoY and 71% QoQ.Bank has reduced its borrowing position to Rs133bn in Mar 2026 from Rs832bn in Dec-25.Net Interest Income (NII) for 1Q2026 settled at Rs34bn, up 4% YoY and 1% QoQ.

Bank Alfalah (BAFL): 1Q2026 EPS At Rs3.48, Up 55% YoY (Higher Than Industry Expectations)