The State Bank of Pakistan (SBP) recorded a net profit of nearly Rs 2 trillion during the financial year ended June 30, 2026. According to its annual financial statements, the central bank earned Rs 1.99 trillion, compared with Rs 2.5 trillion in the previous year. This represents a decline of about 20%.
The lower profit came mainly from a fall in income from interest and mark-up as monetary conditions eased during the year. However, stronger foreign exchange gains and dividend income helped offset part of the decline in the bank’s main earnings.
| SBP Earnings Details | FY2026 |
|---|---|
| Net Interest Income | Rs 1.92 trillion |
| Change in Net Interest Income | Down 26% |
| Foreign Exchange Income | Rs 76.4 billion gain |
| Dividend Income | Rs 57.29 billion |
| Change in Dividend Income | Up 320% |
The SBP transferred Rs 1.932 trillion of its surplus profit to the federal government after required accounting and statutory adjustments. This income provides support to the government’s finances and reduces the need for additional borrowing.
The results show that while the central bank remains a major source of government income, its profits have started falling as interest rates have declined.
