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 Rs168bn, up by 22% YoY and down 3% QoQ in 2Q2025.</li><li>The Net Interest Income (NII) on YoY basis improved 19% YoY and 1% QoQ. The significant improvement on YoY basis (in absolute terms) is led by United Bank Limited (UBL)&#8217;s NII growth of 213% YoY (or Rs62bn) to Rs91bn followed by National Bank (NBP)&#8217;s NII growth of 42% YoY (or Rs16bn) to Rs61bn and Bank of Punjab (BOP)&#8217;s NII growth of 158% (or Rs13bn) to Rs21bn. Excluding UBL, NBP, and BOP, NII of the sector has declined by 2% YoY. </li><li>On QoQ basis, NII has remained largely flattish as growth in few banks was offset by decline in other banks. Bank wise, United Bank (UBL) has posted growth of 8.3% QoQ (or Rs7bn), BOP 38% QoQ (or Rs5.7bn) and Meezan Bank (MEBL) 3.5% QoQ (or Rs2.2bn). While NII of National Bank (NBP) fell 13% QoQ (or Rs8.9bn), Standard Chartered Bank (SCBPL) 9% (or Rs1.5bn) and Askari bank (AKBL) 6% (or Rs1.2bn). </li></ul>

Pakistan's listed banks profitability clocked in at Rs168bn, up by 22% YoY and down 3% QoQ in 2Q2025.The Net Interest Income (NII) on YoY basis improved 19% YoY and 1% QoQ. The significant improvement on YoY basis (in absolute terms) is led by United Bank Limited (UBL)&#8217;s NII growth of 213% YoY (or Rs62bn) to Rs91bn followed by National Bank (NBP)&#8217;s NII growth of 42% YoY (or Rs16bn) to Rs61bn and Bank of Punjab (BOP)&#8217;s NII growth of 158% (or Rs13bn) to Rs21bn. Excluding UBL, NBP, and BOP, NII of the sector has declined by 2% YoY. On QoQ basis, NII has remained largely flattish as growth in few banks was offset by decline in other banks. Bank wise, United Bank (UBL) has posted growth of 8.3% QoQ (or Rs7bn), BOP 38% QoQ (or Rs5.7bn) and Meezan Bank (MEBL) 3.5% QoQ (or Rs2.2bn). While NII of National Bank (NBP) fell 13% QoQ (or Rs8.9bn), Standard Chartered Bank (SCBPL) 9% (or Rs1.5bn) and Askari bank (AKBL) 6% (or Rs1.2bn). 

Pakistan Listed Banks: Profit Grew By 22% YoY In 2Q2025; NII Up 19% YoY Led By UBL, NBP And BOP