Karachi: The Board of Directors of Bank Alfalah Limited approved the financial results for the nine-month period ending September 30, 2026, reporting a 42.8% increase in profit after tax, reaching PKR 30.61 billion. The bank also declared a third interim cash dividend of PKR 1.50 per share, bringing the total cash dividend payout to PKR 4.50 per share for the period.

According to Bank Alfalah, the growth in profits was primarily driven by capital gains, improved net interest income, and controlled expenses, aligning with the bank's core strategic objectives. The bank's total deposits exceeded PKR 2.5 trillion, reaching PKR 2.62 trillion, marking a 20.8% year-on-year growth, while current deposits increased by 16.9% to PKR 1.10 trillion. The gross loan book expanded by 11.3% year-on-year to PKR 1.20 trillion, spurred by growth in the SME, agriculture, and consumer segments.

The bank's net interest income rose by 5.5% year-on-year, supported by higher average current account volumes and improved credit margins. Non-funded income grew by 31.1%, benefiting from strategic portfolio rebalancing and increased foreign exchange income. Fee growth was observed across various channels, including remittances and trade services. Operating expenses grew by only 4.1%, reflecting the bank's focus on cost optimization to ensure sustainable growth and competitiveness.

Bank Alfalah's capital adequacy ratio stood at 14.79% as of September 30, 2026, indicating a stable capital position.