Karachi: Allied Bank Ltd. (ABL) presented its financial results for the first half of the calendar year 2026 during an analyst briefing, highlighting a 10% year-on-year decrease in net profit after tax (NPAT) to PkR15.7 billion, equivalent to earnings per share of PkR13.7. The decline is attributed mainly to increased provision expenses compared to the reversal in the same period last year.

According to AKD Securities Limited, the bank's net mark-up income experienced a 3% year-on-year increase, reaching PkR53.1 billion, driven by the expansion of its asset base. The period also saw a 19% increase in interest income and a 29% rise in interest expenses. Furthermore, non-markup income rose by 11% year-on-year to PkR15.6 billion, bolstered by growth in foreign exchange and fee income, which offset the impact of lower capital gains and dividends.