Karachi: Meezan Bank Ltd. (MEBL) announced its financial results for the third quarter of the calendar year 2026, revealing a profit of PkR25.7 billion, equivalent to earnings per share of PkR14.2. This marks a 22% increase compared to the same period last year and a 1% rise from the previous quarter. The bank's performance was largely driven by growth in its balance sheet. An interim cash payout of PkR8.0 per share was declared, bringing the total payout for the first nine months of the year to PkR23.5 per share.

According to AKD Securities Limited, the bank's net returns saw a 10% year-on-year increase and a 2% quarter-on-quarter rise, reaching PkR68.9 billion. This growth was fueled by an expansion in assets. The bank's deposits grew by 24% year-on-year and 5% quarter-on-quarter, totaling PkR3.9 trillion as of September 2026. On the asset side, the investment book expanded by 21% year-on-year and 5% quarter-on-quarter to PkR3.0 trillion, while financing increased by 42% year-on-year and 1% quarter-on-quarter to PkR1.6 trillion.