Bank Alfalah Limited (BAFL) financial ratios

Bank Alfalah Limited earned a net margin of 15.6% in FY2025 against a five-year average of 21.0% (Commercial Banks median 22.2%). Return on equity was 14.6%, compared with a sector median of 17.0%.

FY2025 vs the Commercial Banks median

Net margin: 15.6%; Sector median 22.2%
Return on equity (ROE): 14.6%; Sector median 17.0%
Return on assets (ROA): 0.7%; Sector median 1.2%
Debt to equity: 467.3%; Sector median 253.4%
Dividend payout ratio: 56.6%; Sector median 50.4%

Median of the 19 companies in the sector with the figure for their latest fiscal year.

BAFL financial ratios (annual) (Rs mn)
Rs mn	FY2025 * Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 * Jan – Dec 2023	FY2022 * Jan – Dec 2022	FY2021 * Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 * Jan – Dec 2019	FY2018 * Jan – Dec 2018	FY2017 * Jan – Dec 2017	FY2016 * Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 * Jan – Dec 2010	FY2009 * Jan – Dec 2009	FY2008 * Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Profitability
Pre-tax margin	34.7%	51.5%	51.2%	37.2%	38.2%	32.1%	41.5%	42.8%	36.8%	35.5%	34.5%	29.6%	29.2%	28.1%	24.5%	12.1%	3.0%	1.5%	35.0%	23.1%
Net margin	15.6%	24.1%	23.5%	18.7%	23.1%	18.9%	23.6%	25.9%	22.0%	21.1%	20.5%	19.6%	20.1%	18.9%	15.8%	13.0%	(4.3%)	0.0%	24.5%	16.1%
Effective tax rate	55.0%	53.2%	54.2%	49.8%	39.5%	41.2%	43.1%	39.6%	40.2%	40.5%	40.6%	33.7%	31.3%	32.8%	35.5%	(7.4%)	245.2%	98.7%	29.9%	30.5%
Returns
Return on equity (ROE)	14.6%	24.8%	30.2%	18.1%	14.9%	11.9%	15.7%	15.3%	13.1%	13.8%	15.2%	14.7%	15.1%	16.3%	14.8%	10.4%	(3.3%)	0.2%	24.0%	14.2%
Return on assets (ROA)	0.7%	1.1%	1.3%	0.9%	0.9%	0.9%	1.3%	1.1%	0.9%	0.9%	0.9%	0.8%	0.8%	0.9%	0.8%	0.6%	(0.2%)	0.0%	1.2%	0.5%
Leverage
Debt to equity	467.3%	676.7%	697.0%	551.8%	419.3%	383.2%	158.7%	223.3%	349.3%	328.1%	355.1%	171.8%	133.7%	118.2%	130.2%	119.2%	147.6%	119.2%	166.1%	124.5%
Debt to capital	82.4%	87.1%	87.5%	84.7%	80.7%	79.3%	61.3%	69.1%	77.7%	76.6%	78.0%	63.2%	57.2%	54.2%	56.6%	54.4%	59.6%	54.4%	62.4%	55.5%
Debt to assets	24.4%	33.0%	29.1%	25.0%	24.6%	25.6%	13.3%	17.1%	23.3%	21.5%	21.3%	10.4%	7.0%	6.6%	7.2%	6.3%	8.2%	5.8%	8.7%	5.3%
Assets to equity	19.79×	22.01×	23.20×	19.58×	16.06×	13.50×	12.49×	13.97×	15.13×	15.95×	16.65×	17.65×	18.51×	17.99×	18.56×	18.49×	19.15×	19.83×	20.73×	27.68×
Dividends
Dividend payout ratio	56.6%	33.6%	0.0%	45.6%	24.6%	32.8%	54.5%	24.4%	29.0%	0.0%	21.2%	56.3%	57.7%	51.8%	0.0%	0.0%	—	0.0%	27.8%	0.0%
Earnings retention rate	0.43×	0.66×	1.00×	0.54×	0.75×	0.67×	0.46×	0.76×	0.71×	1.00×	0.79×	0.44×	0.42×	0.48×	1.00×	1.00×	—	1.00×	0.72×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

BAFL: frequently asked questions

What is BAFL's EPS?

Bank Alfalah Limited reported basic earnings per share of Rs 8.81 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 10.74.

What is BAFL's P/E ratio?

At the closing price of Rs 55.65 on 16 Oct 2026, BAFL trades at a P/E of 5.2× based on EPS of Rs 10.74 (TTM to Jun 2026).

Does BAFL pay dividends?

Yes. Bank Alfalah Limited declared a dividend of Rs 5.25 per share for FY2025. It has paid a dividend in each of the last 9 years. At Rs 55.65 that is a dividend yield of 9.4%.

What was BAFL's total income and profit in FY2025?

Bank Alfalah Limited reported total income of Rs 178.6 bn and profit attributable to shareholders of Rs 27.8 bn for FY2025 (Jan – Dec 2025).

What is BAFL's book value per share?

Bank Alfalah Limited's book value per share was Rs 63.47 at the end of FY2025. The shares trade at 0.89× book value.

Information only, not investment advice.