National Bank of Pakistan (PSX: NBP) reported standalone after-tax profit of Rs 48.9 billion for the nine months to September 2026, lower than in the same period a year earlier. Earnings per share also fell, showing weaker earnings across the comparable period.
The quarterly report, transmitted on Thursday, 29 October 2026, contains unaudited standalone financial statements. It also records the appointment of Imran Sarwar as President and CEO with immediate effect.
Profit across both reporting bases
On a standalone basis, the bank earned Rs 103 billion before tax and Rs 48.9 billion after tax. Standalone earnings per share — the profit for each share — stood at Rs 22.98.
The consolidated results reported profit before tax of Rs 104 billion and profit after tax of Rs 49.1 billion. Consolidated earnings per share were Rs 22.83; these figures are presented separately from the bank’s standalone results.
| The nine months to September 2026 | A year before | Change | |
|---|---|---|---|
| Profit before tax | Rs 104 billion | — | — |
| Profit after tax | Rs 49.1 billion | — | — |
| EPS | Rs 22.83 | — | — |
Consolidated figures as reported to PSX; each change is against the same period a year before, computed by code.
| The nine months to September 2026 | A year before | Change | |
|---|---|---|---|
| Profit before tax | Rs 103 billion | — | — |
| Profit after tax | Rs 48.9 billion | — | — |
| EPS | Rs 22.98 | — | — |
Standalone figures as reported to PSX; each change is against the same period a year before, computed by code.
Earnings weakened from a year earlier
The filing shows that both standalone after-tax profit and earnings per share declined from the comparable nine-month period a year earlier. The comparison is between matching periods, rather than between a single quarter and cumulative earnings.
The material does not establish an earnings trend for the period before that. The earlier dividend announcement is a separate shareholder distribution, not a measure of profit for a comparable period.
Less profit for each share
In plain terms, the bank remained profitable but earned less than in the matching period a year earlier. The decline in earnings per share also means less profit was attributable to each share.
The leadership appointment is a separate development in the report. The material does not describe an associated change in strategy or explain the causes of the earnings decline.
Earlier dividend on file
The payout history supplied includes an earlier cash dividend announced on 25 Feb 2026. A cash dividend is a payment to shareholders, distinct from the earnings per share reported in the accounts.
The supplied material does not specify a new payout or book-closure dates for these results. It therefore does not establish a new shareholder entitlement to compare with the earlier distribution.
| Announced | Entitlement | Book closure |
|---|---|---|
| 25 Feb 2026 | A cash dividend of 350% of face value | 18/03/2026 – 30/03/2026 |
| 3 Mar 2025 | A cash dividend of 80% of face value | 18/03/2025 – 25/03/2025 |
As PSX lists them, each in its own unit.
Share-price chart
The chart below shows National Bank of Pakistan’s share-price history. The supplied figures do not establish the direction or size of the move over the chart period.
About National Bank of Pakistan
National Bank of Pakistan (PSX: NBP) is listed on the Pakistan Stock Exchange in the Commercial Banks sector and is a member of the KSE-100 and KSE-30 indices.
Source: “Transmission of Quarterly Report for the Period Ended September 30, 2026”, filed with the Pakistan Stock Exchange on Thursday, 29 October 2026.
