Faysal Bank's earnings per share decreased to Rs3.51 from Rs3.56 year-on-year, primarily due to a contraction in core lending margins. The bank's profit/return earned fell by 9% year-on-year to Rs38.14 billion, while the cost of funds also dropped by 9% to Rs22.53 billion, leading to a net profit/return contraction of 9% to Rs15.60 billion. However, this decline was offset by a remarkable increase in non-funded income, driven by a substantial rise in net gains on securities, which jumped to Rs3.33 billion from just Rs46.39 million last year.
BUSINESSPublished 24 Apr 2026 • Published 17h ago
Faysal Bank Reports 9% Profit Decline Amid Revenue Diversification
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Faysal Bank Limited reported a slight 2% dip in its profit for Q1 2026, totaling Rs5.33 billion, compared to Rs5.41 billion in the same quarter last year. Despite this decline, the bank declared a cash dividend of Rs1.5 per share, reflecting confidence in its overall performance. The significant growth in non-funded income, which surged by 70% to Rs9.85 billion, highlights the bank's ability to diversify its revenue streams.
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