Bank Alfalah Reports 39% Rise in Half Year 2026 Profit after Tax

Karachi, The Board of Directors of Bank Alfalah Limited (BAFL approved the Bank’s financial results for the half-year ended June 30, 2026. The Board of the Bank also declared a second interim cash dividend of PKR 1.5 per share (30%) cumulatively bringing the cash dividend payout for the six months’ period to PKR 3.0 per share (60%) [HY 2025: PKR 2.5 per share (50%)].

Profit after tax increased by 39.6% to PKR 21.32 billion for the outgoing half year period, with earnings per share of PKR 6.76, up from PKR 4.84 in the same period last year. The increase in profitability was primarily driven by capital gains, supplemented by improved net interest income and efficient management of operating cost while continuing to support core strategic objectives.

Also Read: Bank Alfalah partners with KMC, IET for urban forestry project in Karachi 

On the balance sheet front, total deposits increased to PKR 2.66 trillion, while current deposits increased to PKR 1.15 trillion - a reflection of the Bank's ongoing strategy to strengthen its non-remunerative deposit mix. Gross advances totaled to PKR 1.16 trillion, with broad-based growth across the Consumer, SME, and Agriculture financing segments.

Net Interest Income (NII) of the Bank increased by 5.0% owing to improved spreads and steady growth in average current account deposits. Furthermore, Non Fund Income also grew by 46.0% on the back of timely realization of capital gains from active portfolio management, rise in foreign exchange income, and increased fee income generated through remittances, card portfolio, trade business, G2P Schemes, and alternate delivery channels.  

The Bank's capital adequacy ratio remained robust at 17.4% as of June 30, 2026; comfortably exceeding regulatory thresholds.