KARACHI: JS Bank Limited reported a profit after tax of Rs1.045 billion for the first quarter ended March 31, 2026, with earnings per share at Re0.51. Profit before tax stood at Rs2.175 billion during the period.
The bank’s total assets rose 4 per cent to Rs682.877 billion, driven by a net increase of Rs89.076 billion in investments. Deposits remained stable at Rs544.898 billion, with the non-remunerative deposit mix holding above 40 per cent.
Improved recoveries supported earnings, as the bank recorded a net reversal of Rs78.428 million against non-performing loans, compared with a charge of Rs742.336 million a year earlier. Operating expenses increased 4.0 per cent year-on-year.
Basir Shamsie, president and chief executive officer of JS Bank, said the lender remains focused on supporting SME and priority sectors while maintaining a strong low-cost deposit base.
