KARACHI: The Bank of Punjab reported a sharp rise in first-quarter profit, driven by higher core income and balance sheet expansion, according to its unaudited results for the period ended March 31, 2026.
Profit before tax rose 155 per cent from a year earlier, while operating profit increased 98 per cent, supported by organic growth. Net interest income climbed 47 per cent to Rs22.1 billion, and non-interest income rose 35 per cent, reflecting stronger fee-based and capital markets activity.
Total assets stood at Rs2.6 trillion, with deposits reaching Rs1.93 trillion, including a 26 per cent increase in current deposits. The bank’s capital adequacy ratio was 13.37 per cent, while gross advances amounted to Rs927 billion. Investments and lending to financial institutions totalled Rs1.43 trillion.
The lender said its performance was underpinned by a focus on core earnings, operational efficiency and digital expansion, alongside its role in managing public-sector initiatives in Punjab. It added that a strong capital position and diversified income streams would support growth in the coming quarters.