External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Banks / Thematic (Sector/Industry)

<ul><li>Pakistan's listed banks profitability clocked in at Rs160bn, up by 3% YoY but down 6% QoQ in 4Q2025.</li><li>Despite the decline in interest rates, the sector's NII clocked in at Rs532bn, up 2% YoY led by volumetric growth and favourable repricing impact.</li><li>In 2025, the profitability of banks increased by 11% YoY to Rs666bn, mainly driven by a 12% growth in NII to Rs2.1trn and reversal in banks vs. provision charge recorded during 2024.</li></ul>

Pakistan's listed banks profitability clocked in at Rs160bn, up by 3% YoY but down 6% QoQ in 4Q2025.Despite the decline in interest rates, the sector's NII clocked in at Rs532bn, up 2% YoY led by volumetric growth and favourable repricing impact.In 2025, the profitability of banks increased by 11% YoY to Rs666bn, mainly driven by a 12% growth in NII to Rs2.1trn and reversal in banks vs. provision charge recorded during 2024.

Pakistan Banks: Listed Banks Profitability up 3% YoY but Fall 6% QoQ in 4Q2025; Profits up 11% YoY in 2025