NBP Reports Rs48.9 Billion Profit After Tax for 9M 2026

NBP 9M profit 2026 results show National Bank of Pakistan earned PKR 48.9 billion in profit after tax during the nine months ended 30 September 2026. The bank reported total income of PKR 193.6 billion for the period, with earnings per share of PKR 22.98.

The Board of Directors met the day before the 29 October 2026 report to approve the interim condensed financial statements for the nine-month period. The results describe a year shaped by a lower interest-rate environment and an exceptionally strong comparative period last year.

That comparison matters. In the prior year, a reducing policy rate environment supported higher net interest income, while exceptionally buoyant capital markets produced stronger gains. Against that base, the latest nine months still delivered a large profit.

NBP 9M profit 2026: headline results

Gross interest income stood at PKR 562.6 billion, down 6.4 percent year on year. The bank linked the decline to the lower average interest-rate environment.

Income from the investment portfolio reached PKR 427.1 billion. The portfolio favoured shorter-duration government securities, a positioning that fits a falling-rate environment where locking money away for longer periods carries different risks.

Cost of funds came to PKR 406.5 billion, leaving net interest income of PKR 156.1 billion. Net interest income remains the backbone of the bank's earnings, and it stayed well above the non-fund income contribution for the period.

Non-fund income totalled PKR 37.5 billion. Within that figure, foreign-exchange income rose 24.3 percent to PKR 5.9 billion, while dividend income increased 33.4 percent to PKR 5.2 billion. Fee and commission income was PKR 17.9 billion, recorded amid lower business volumes.

Capital gains were PKR 9.8 billion, against PKR 13.3 billion in the same nine months of 2025, when market conditions had been exceptionally buoyant.

NBP 9M profit 2026: how income and expenses moved

Operating expenses rose 8.8 percent year on year to PKR 96.8 billion. That pace was slower than the 9.3 percent increase recorded in the corresponding period last year, which the bank presented as a sign of cost discipline.

The cost-to-income ratio stood at 50.0 percent. In simple terms, the bank spent half of its income on operating costs, leaving the other half to absorb provisions, taxes and to build profit.

The results also underline how sensitive bank earnings are to interest rates. When rates fall, income from loans and securities can shrink, even if the balance sheet grows.

NBP 9M profit 2026 balance sheet: assets, advances and deposits

Total assets grew 9.7 percent to PKR 7,753.1 billion, up from PKR 7,067.0 billion at the end of 2025. That growth shows the NBP 9M profit 2026 balance sheet continued to expand during the nine months, despite the softer rate environment.

Net advances rose 1.7 percent to PKR 1,360.8 billion. Investments, measured at cost, stood at PKR 5,290.5 billion and were mainly government securities, reflecting the bank's large role in holding sovereign paper.

Total deposits were PKR 4,012.7 billion. The bank said it rationalised certain high-cost deposits during the period, a step that can reduce funding costs even if headline deposit growth looks modest.

Core sticky deposits were PKR 3,591.1 billion, equal to 89.5 percent of total deposits. Current accounts stood at PKR 1,896.9 billion, or 47.3 percent of total deposits.

NBP 9M profit 2026: capital strength and leadership

A dividend of PKR 35 per share for 2025 was distributed during the period, amounting to PKR 74.5 billion. After that payout, net assets stood at PKR 470.2 billion, while total eligible capital was PKR 478.2 billion.

Capital ratios remained above regulatory requirements. The Capital Adequacy Ratio was 21.12 percent, Tier 1 capital was 16.46 percent and the leverage ratio was 3.69 percent. Strong capital gives a bank room to absorb losses and to keep lending when conditions turn difficult.

The bank's standalone credit rating of AAA was reaffirmed by both PACRA and VIS, the highest domestic rating.

On 3 September 2026, the Federal Government appointed Imran Sarwar as President and Chief Executive Officer for a three-year term.

Beyond its balance sheet, NBP serves agriculture, small and medium enterprises, microfinance and Islamic banking through its Aitemaad network, alongside digital transformation, green banking and corporate social responsibility.

Established in 1949, the bank carries the tagline "Ek Azm, Ek Pehchan, National Bank Aur Pakistan".

This article is not investment advice. Bank results describe past performance, and readers should not treat them as a recommendation to buy or sell any security.

Frequently Asked Questions

What profit did NBP report for 9M 2026?

NBP 9M profit 2026 came to PKR 48.9 billion in profit after tax, on total income of PKR 193.6 billion. Earnings per share for the nine months were PKR 22.98.

Why did some income lines fall compared with last year?

The bank pointed to a lower average interest-rate environment, which cut gross interest income by 6.4 percent, and to an exceptionally strong prior-year period.

How large is NBP's balance sheet now?

In the NBP 9M profit 2026 results, total assets reached PKR 7,753.1 billion, up 9.7 percent from PKR 7,067.0 billion at the end of 2025. Net advances were PKR 1,360.8 billion and total deposits were PKR 4,012.7 billion.

How strong is NBP's capital position?

In the NBP 9M profit 2026 results, after paying a PKR 35 per share dividend for 2025, net assets were PKR 470.2 billion and total eligible capital was PKR 478.2 billion. The Capital Adequacy Ratio was 21.12 percent, Tier 1 was 16.46 percent and the leverage ratio was 3.69 percent, all above regulatory requirements.

Who leads NBP now?

Imran Sarwar was appointed President and Chief Executive Officer by the Federal Government on 3 September 2026, for a three-year term. His appointment came during the nine-month reporting period covered by these results.