Habib Bank Limited (HBL) quarterly cash flow statement

Operating activities generated Rs 557.5 bn of cash in Q2 FY2026 (Apr – Jun 2026), up 11.4% on Q2 FY2025. Capital expenditure was Rs 8.6 bn. Dividends paid to shareholders came to Rs 17.5 bn. Overall, cash increased by Rs 91.6 bn.

HBL cash flow statement (quarterly) (Rs bn)
Rs bn	TTM to Jun 2026	Q2 FY2026 Apr – Jun 2026	Q1 FY2026 Jan – Mar 2026	Q4 FY2025 Oct – Dec 2025	Q3 FY2025 Jul – Sep 2025	Q2 FY2025 Apr – Jun 2025	Q1 FY2025 Jan – Mar 2025	Q4 FY2024 Oct – Dec 2024	Q3 FY2024 * Jul – Sep 2024	Q2 FY2024 * Apr – Jun 2024	Q1 FY2024 Jan – Mar 2024	Q4 FY2023 Oct – Dec 2023	Q3 FY2023 Jul – Sep 2023	Q2 FY2023 Apr – Jun 2023	Q1 FY2023 * Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q3 FY2022 * Jul – Sep 2022	Q2 FY2022 * Apr – Jun 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 * Oct – Dec 2021	Q3 FY2021 * Jul – Sep 2021
Net cash from operating activities	713.1	557.5	(118.4)	264.7	9.4	500.5	536.4	(1,016.9)	42.7	451.6	345.4	13.2	140.1	308.5	171.0	(39.9)	(75.9)	329.5	(310.4)	105.9	23.4
Capital expenditure	(32.8)	(8.6)	(6.9)	(9.7)	(7.6)	(9.6)	(6.8)	(8.3)	(9.4)	(8.1)	(4.4)	(8.3)	(4.7)	(5.1)	(4.5)	(8.5)	(5.4)	(8.5)	(4.7)	(5.1)	(3.1)
Net cash from investing activities	(352.9)	210.2	(556.4)	(138.9)	132.2	(1,232.8)	(317.6)	621.2	(38.3)	(581.2)	(50.8)	157.4	(440.8)	(39.9)	(102.6)	(84.5)	184.3	(165.9)	(144.0)	(17.7)	45.3
Dividends paid	(31.4)	(17.5)	(0.0)	(7.3)	(6.6)	(12.7)	0.0	(5.9)	(5.8)	(13.5)	(0.0)	(1.5)	(5.2)	(5.7)	(0.0)	(1.1)	(1.2)	(5.0)	(1.2)	(2.6)	(2.6)
Net cash from financing activities	(416.3)	(676.5)	587.2	(64.4)	(262.5)	874.8	(194.4)	283.9	(57.4)	236.0	(328.8)	(141.8)	231.3	(133.0)	103.2	5.3	(140.5)	(83.1)	357.1	34.0	(113.2)
Net change in cash	(51.6)	91.6	(86.7)	61.9	(118.4)	132.5	26.8	(114.8)	(49.3)	82.0	(31.3)	28.5	(77.8)	135.7	186.8	(118.5)	(21.7)	89.6	(94.6)	125.5	(36.8)

HBL cash flow statement — year-on-year change (Rs mn)
Rs mn	Q2 FY2026 Apr – Jun 2026	Q1 FY2026 Jan – Mar 2026	Q4 FY2025 Oct – Dec 2025	Q3 FY2025 Jul – Sep 2025	Q2 FY2025 Apr – Jun 2025	Q1 FY2025 Jan – Mar 2025	Q4 FY2024 Oct – Dec 2024	Q3 FY2024 * Jul – Sep 2024	Q2 FY2024 * Apr – Jun 2024	Q1 FY2024 Jan – Mar 2024	Q4 FY2023 Oct – Dec 2023	Q3 FY2023 Jul – Sep 2023	Q2 FY2023 Apr – Jun 2023	Q1 FY2023 * Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q3 FY2022 * Jul – Sep 2022	Q2 FY2022 * Apr – Jun 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 * Oct – Dec 2021	Q3 FY2021 * Jul – Sep 2021
Net cash from operating activities	+11.4%	-122.1%	—	-78.1%	+10.8%	+55.3%	-7,809.1%	-69.5%	+46.4%	+102.0%	—	—	-6.4%	—	-137.7%	-424.9%	+227.6%	—	+494.5%	-84.4%
Capital expenditure	-10.9%	+2.3%	+16.3%	-19.4%	+18.5%	+54.9%	+0.2%	+98.6%	+59.1%	-2.0%	-2.6%	-12.4%	-39.8%	-4.4%	+66.6%	+77.3%	+103.9%	+10.4%	+151.0%	+10.6%
Net cash from investing activities	—	—	-122.4%	—	—	—	+294.6%	—	—	—	—	-339.2%	—	—	—	+307.0%	—	-159.3%	—	—
Dividends paid	+37.4%	—	+24.3%	+12.5%	-6.0%	-100.0%	+303.3%	+13.2%	+136.0%	-15.9%	+35.4%	+325.7%	+14.2%	-99.6%	-57.8%	-52.6%	-12.5%	+83,993.9%	+70,050.6%	+204.2%
Net cash from financing activities	-177.3%	—	-122.7%	—	+270.7%	—	—	-124.8%	—	-418.6%	-2,799.1%	—	—	-71.1%	-84.5%	—	-138.6%	—	-82.8%	-472.6%
Net change in cash	-30.8%	-423.0%	—	—	+61.5%	—	-502.8%	—	-39.5%	-116.7%	—	—	+51.5%	—	-194.5%	—	-7.4%	—	+105.4%	—

Change against the same quarter a year earlier; shown when the earlier figure is positive.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 15 Oct 2026.

All reported line items 59

HBL cash flow statement — all reported line items (Rs bn)
Rs bn	Q2 FY2026 Apr – Jun 2026	Q1 FY2026 Jan – Mar 2026	Q4 FY2025 Oct – Dec 2025	Q3 FY2025 Jul – Sep 2025	Q2 FY2025 Apr – Jun 2025	Q1 FY2025 Jan – Mar 2025	Q4 FY2024 Oct – Dec 2024	Q3 FY2024 Jul – Sep 2024	Q2 FY2024 Apr – Jun 2024	Q1 FY2024 Jan – Mar 2024	Q4 FY2023 Oct – Dec 2023	Q3 FY2023 Jul – Sep 2023	Q2 FY2023 Apr – Jun 2023	Q1 FY2023 Jan – Mar 2023	Q4 FY2022 Oct – Dec 2022	Q3 FY2022 Jul – Sep 2022	Q2 FY2022 Apr – Jun 2022	Q1 FY2022 Jan – Mar 2022	Q4 FY2021 Oct – Dec 2021	Q3 FY2021 Jul – Sep 2021
Profit/(Loss) - Starting Line - Cash Flow	39.4	33.7	35.9	36.8	38.7	36.6	34.5	28.0	27.7	30.1	30.0	32.0	30.0	21.5	21.4	21.0	20.0	14.6	15.7	15.2
Non-cash Items & Reconciliation Adjustments - Cash Flow	2.6	9.5	7.2	8.5	4.2	7.9	(0.7)	11.9	10.3	9.1	10.5	8.3	7.1	3.1	7.4	5.5	5.8	5.5	5.3	4.6
Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile	(2.1)	(1.3)	(1.6)	(1.5)	(2.0)	(1.3)	(0.9)	(1.4)	(1.5)	(0.9)	(1.2)	(1.0)	(1.4)	(4.5)	(0.9)	(1.3)	(0.7)	(0.1)	(0.6)	(0.7)
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	(0.9)	2.6	(0.6)	5.1	(0.2)	(1.6)	6.0	3.0	3.1	1.9	2.0	3.3	1.3	1.0	(1.2)	3.7	1.1	0.4	1.2	(0.6)
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	4.5	5.2	5.1	5.0	4.9	4.8	4.7	4.6	4.5	4.4	4.2	4.2	3.9	3.9	3.8	3.4	3.3	3.1	3.1	2.8
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	3.8	4.5	4.4	4.3	4.2	4.1	4.0	3.9	3.8	3.7	3.6	3.7	3.4	3.4	3.2	2.9	2.9	2.7	2.8	2.6
Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.5	0.5	0.5	0.5	0.5	0.4	0.4	0.3	0.3
Loan Loss Provision including Impairment - Increase/(Decrease) - Cash Flow	3.7	1.0	4.9	0.6	3.7	5.5	3.2	6.7	7.3	3.4	6.8	2.4	3.0	1.2	2.7	(0.3)	1.1	2.5	1.8	3.5
Impairment - Financial Fixed Assets - Operating - Cash Flow - to Reconcile	(0.0)	(0.1)	(1.3)	(0.7)	0.1	0.0	(0.6)	0.4	(1.7)	0.2	(1.3)	(0.6)	0.1	1.6	3.2	(0.1)	1.0	(0.3)	(0.1)	(0.3)
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	(0.1)	(0.0)	(0.3)	0.0	(1.9)	(0.0)	(14.4)	(0.0)	(0.0)	(0.0)	(0.0)	0.1	(0.0)	(0.1)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	0.0
Property, Plant & Equipment including Intangible Assets - Gain/(Loss) - Cash Flow	(0.1)	(0.0)	(0.3)	0.0	(1.9)	(0.0)	(14.4)	(0.0)	(0.0)	(0.0)	(0.0)	0.1	(0.0)	(0.1)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	0.0
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	(2.5)	2.2	1.0	0.1	(0.4)	0.6	1.3	(1.4)	(1.4)	0.1	—	—	—	—	—	—	—	—	—	—
Income Taxes - Paid/(Reimbursed) - Cash Flow	26.7	30.3	26.4	27.3	28.3	21.0	36.9	19.6	22.4	16.4	12.8	15.4	16.7	6.3	9.3	10.0	6.8	6.1	8.0	5.7
Interest & Dividends - Received - Total - Cash Flow	1.1	3.0	0.6	1.8	0.0	1.0	0.5	1.2	0.7	0.7	0.3	0.6	0.8	0.6	1.0	0.2	0.4	0.1	0.3	0.1
Cash Flow from Operating Activities before Changes in Working Capital	16.4	16.0	17.4	19.9	14.7	24.6	(2.7)	21.6	16.3	23.5	28.1	25.5	21.2	18.9	20.5	16.7	19.5	14.1	13.2	14.2
Working Capital - Increase/(Decrease) - Cash Flow	541.1	(134.4)	247.3	(10.5)	485.8	511.8	(1,014.2)	21.1	435.2	321.8	(14.9)	114.6	287.3	152.1	(60.5)	(92.7)	310.1	(324.5)	92.6	9.2
Other Assets - Decrease/(Increase) - Cash Flow	161.8	(192.7)	2.9	117.5	(223.6)	(0.6)	78.1	27.2	25.4	(31.9)	(196.1)	43.0	26.2	(135.7)	45.5	111.2	82.0	(127.3)	(21.3)	18.6
Lending & Deposits - Due from Banks - Long-Term - Decrease/(Increase) - Cash Flow	(37.6)	144.3	(112.1)	(2.2)	(22.8)	(26.4)	(42.9)	91.9	(61.7)	17.0	130.6	(166.2)	115.8	85.9	(139.7)	213.8	(235.8)	0.8	55.1	(3.1)
Investment Securities - Decrease/(Increase) - Operating - Cash Flow	—	—	—	—	—	—	—	0.0	0.0	0.0	(0.3)	(0.1)	(0.2)	0.4	0.1	0.0	(0.2)	0.2	(0.1)	0.0
Loans - Customer - Decrease/(Increase) - Cash Flow	(112.4)	42.0	(107.5)	(0.7)	(28.8)	481.0	(620.2)	(76.1)	(38.9)	84.1	(85.6)	(70.5)	63.6	0.2	(69.9)	(62.0)	(89.6)	(59.9)	(137.7)	(64.3)
Other Liabilities - Increase/(Decrease) -Total - Cash Flow	2.6	24.9	1.6	(14.8)	16.7	(21.4)	9.8	16.2	38.8	19.0	(30.8)	26.7	2.8	56.5	4.6	24.7	(3.2)	49.7	(18.4)	4.5
Deposits - Increase/(Decrease) - Total - Cash Flow	526.8	(152.9)	462.3	(110.3)	744.3	79.3	(439.0)	(38.1)	471.5	233.6	167.3	281.7	79.1	144.9	98.9	(380.3)	556.8	(188.1)	215.1	53.5
Net Cash Flow from Operating Activities	557.5	(118.4)	264.7	9.4	500.5	536.4	(1,016.9)	42.7	451.6	345.4	13.2	140.1	308.5	171.0	(39.9)	(75.9)	329.5	(310.4)	105.9	23.4
Capital Expenditures - Net - Cash Flow	6.7	6.9	9.2	7.6	9.6	6.8	7.9	9.4	8.1	4.3	8.2	4.7	5.1	4.3	8.5	5.4	8.5	4.7	5.1	3.1
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	5.2	6.1	6.7	4.8	9.0	4.6	5.0	8.6	7.7	3.2	5.5	3.7	4.0	3.8	7.0	4.0	4.7	3.7	4.1	2.0
Property, Plant & Equipment - Purchased - Cash Flow	7.2	6.2	7.1	4.8	9.1	4.6	5.4	8.6	7.7	3.3	5.6	3.7	4.0	3.9	7.0	4.1	4.7	3.7	4.1	2.0
Property, Plant & Equipment Sold - Cash Flow	1.9	0.1	0.4	0.0	0.0	0.0	0.5	0.0	0.0	0.0	0.1	0.0	—	0.2	0.0	0.0	0.0	0.0	0.1	0.0
Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow	1.4	0.8	2.5	2.8	0.6	2.2	2.9	0.8	0.5	1.1	2.7	1.0	1.1	0.5	1.5	1.4	3.8	0.9	1.0	1.1
Intangible Assets - Purchased/Acquired - Cash Flow	1.4	0.8	2.5	2.8	0.6	2.2	2.9	0.8	0.5	1.1	2.7	1.0	1.1	0.5	1.5	1.4	3.8	0.9	1.0	1.1
Capital Expenditures - Total	8.6	6.9	9.7	7.6	9.6	6.8	8.3	9.4	8.1	4.4	8.3	4.7	5.1	4.5	8.5	5.4	8.5	4.7	5.1	3.1
Investments excluding Loans - Decrease/(Increase) - Cash Flow	215.0	(549.2)	(136.2)	145.4	(1,227.2)	(311.6)	632.9	(31.3)	(573.6)	(42.6)	164.1	(434.6)	(33.0)	(110.2)	(74.7)	187.8	(157.0)	(138.7)	(14.3)	44.9
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	215.0	(549.2)	(136.2)	145.4	(1,227.2)	(311.6)	632.9	(31.3)	(573.6)	(42.6)	164.1	(434.6)	(33.0)	(110.2)	(74.7)	187.8	(157.0)	(138.7)	(14.3)	44.9
Investments - Associated Companies & Joint Ventures - Sold/(Purchased) - Cash Flow	1.9	0.7	4.6	(4.6)	1.4	(0.5)	(0.1)	(0.2)	2.3	(3.9)	2.0	0.3	1.2	(3.9)	0.6	(0.4)	(2.4)	(0.7)	(0.4)	(1.3)
Other Investing Cash Flow - Decrease/(Increase)	(0.1)	(0.9)	1.9	(1.0)	2.6	1.3	(3.7)	2.5	(1.7)	0.1	(0.5)	(1.8)	(3.1)	15.9	(2.0)	2.2	2.0	0.0	2.0	4.7
Net Cash Flow from Investing Activities	210.2	(556.4)	(138.9)	132.2	(1,232.8)	(317.6)	621.2	(38.3)	(581.2)	(50.8)	157.4	(440.8)	(39.9)	(102.6)	(84.5)	184.3	(165.9)	(144.0)	(17.7)	45.3
Dividends Paid - Cash - Total - Cash Flow	17.5	0.0	7.3	6.6	12.7	0.0	5.9	5.8	13.5	0.0	1.5	5.2	5.7	0.0	1.1	1.2	5.0	1.2	2.6	2.6
Dividends - Common - Cash Paid	17.5	0.0	7.3	6.6	12.7	0.0	5.9	5.8	13.5	0.0	1.5	5.2	5.7	0.0	1.1	1.2	5.0	1.2	2.6	2.6
Minority Interests & Joint Ventures - Net - Cash Flow	—	—	—	—	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(659.0)	587.2	(57.1)	(255.9)	887.6	(194.4)	289.8	(51.5)	249.5	(328.8)	(140.3)	236.5	(127.3)	103.2	6.3	(139.3)	(78.1)	358.3	36.5	(110.7)
Debt - Issued/(Reduced) - Long-Term & Short-Term - Cash Flow	(656.5)	589.4	(55.7)	(253.3)	889.9	(191.8)	293.3	(49.1)	251.7	(326.9)	(137.0)	238.7	(124.9)	105.3	8.1	(137.4)	(76.9)	360.2	38.5	(109.1)
Debt - Issued - Long-Term & Short-Term - Cash Flow	—	—	—	—	889.9	0.0	293.3	0.0	251.7	0.7	0.8	—	—	—	8.1	—	—	360.2	38.5	—
Debt - Reduced - Long-Term & Short-Term - Cash Flow	—	—	—	—	—	191.8	—	49.1	—	327.6	137.8	—	—	—	0.0	—	76.9	0.0	0.0	109.1
Debt - Issued/Reduced - Long-Term - Cash Flow	(2.5)	(2.3)	(1.4)	(2.6)	(2.4)	(2.6)	(3.5)	(2.4)	(2.1)	(1.9)	(3.3)	(2.3)	(2.3)	(2.1)	(1.7)	(1.9)	(1.2)	(2.0)	(2.0)	(1.6)
Lease liabilities - Issued/(Reduced) - Cash Flow	(1.9)	(1.7)	(0.8)	(2.0)	(1.7)	(1.9)	(2.6)	(1.3)	(1.0)	(0.8)	(2.2)	(1.1)	(1.2)	(1.2)	(1.2)	(1.4)	(0.8)	(1.6)	(1.7)	(1.3)
Debt - Reduced - Long-Term - Cash Flow	2.5	2.3	1.4	2.6	2.4	2.6	3.5	2.4	2.1	1.9	3.3	2.3	2.3	2.1	1.7	1.9	1.2	2.0	2.0	1.6
Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue	1.9	1.7	0.8	2.0	1.7	1.9	2.6	1.3	1.0	0.8	2.2	1.1	1.2	1.2	1.2	1.4	0.8	1.6	1.7	1.3
Net Cash Flow from Financing Activities	(676.5)	587.2	(64.4)	(262.5)	874.8	(194.4)	283.9	(57.4)	236.0	(328.8)	(141.8)	231.3	(133.0)	103.2	5.3	(140.5)	(83.1)	357.1	34.0	(113.2)
Foreign Exchange Effects - Cash Flow	0.5	0.9	0.6	2.5	(9.9)	2.5	(3.1)	3.7	(24.3)	2.9	(0.3)	(8.3)	0.1	15.2	0.7	10.4	9.0	2.7	3.4	7.7
Net Change in Cash - Total	91.6	(86.7)	61.9	(118.4)	132.5	26.8	(114.8)	(49.3)	82.0	(31.3)	28.5	(77.8)	135.7	186.8	(118.5)	(21.7)	89.6	(94.6)	125.5	(36.8)
Net Cash from Continuing Operations	91.6	(86.7)	61.9	(118.4)	132.5	26.8	(114.8)	(49.3)	82.0	(31.3)	28.5	(77.8)	135.7	186.8	(118.5)	(21.7)	89.6	(94.6)	125.5	(36.8)
Net Cash - Beginning Balance	530.6	617.8	556.8	675.8	545.9	509.1	626.3	672.5	594.2	601.2	575.6	653.1	509.1	322.4	456.0	478.5	399.3	502.9	380.2	420.4
Net Cash - Ending Balance	622.3	531.1	618.7	557.4	678.4	535.9	511.5	623.2	676.3	569.9	604.1	575.3	644.7	509.2	337.5	456.7	488.9	408.4	505.7	383.6
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	26.7	30.3	26.4	27.3	28.3	21.0	36.9	19.6	22.4	16.4	12.8	15.4	16.7	6.3	9.3	10.0	6.8	6.1	8.0	5.7
Interest & Dividends - Received - Cash Flow - Supplemental	1.1	3.0	0.6	1.8	0.0	1.0	0.5	1.2	0.7	0.7	0.3	0.6	0.8	0.6	1.0	0.2	0.4	0.1	0.3	0.1
CF from Optg Activities before Change in WC & Int Payments	16.4	16.0	17.4	19.9	14.7	24.6	(2.7)	21.6	16.3	23.5	28.1	25.5	21.2	18.9	20.5	16.7	19.5	14.1	13.2	14.2
Depreciation, Depletion & Amortization - Cash Flow	4.5	5.2	5.1	5.0	4.9	4.8	4.7	4.6	4.5	4.4	4.2	4.2	3.9	3.9	3.8	3.4	3.3	3.1	3.1	2.8
Free Cash Flow to Equity	(108.2)	461.8	198.3	(254.1)	1,378.4	335.2	(734.9)	(18.2)	693.0	12.2	(135.3)	371.8	176.1	270.0	(42.1)	(220.6)	243.0	43.2	137.3	(90.3)
Free Cash Flow Net of Dividends	531.4	(125.4)	247.7	(4.8)	478.1	529.6	(1,031.1)	27.4	429.9	341.0	3.4	130.2	297.6	166.5	(49.6)	(82.6)	316.0	(316.2)	98.2	17.8
Free Cash Flow	548.9	(125.4)	255.0	1.8	490.8	529.6	(1,025.2)	33.2	443.4	341.0	4.9	135.3	303.4	166.5	(48.5)	(81.4)	321.1	(315.1)	100.7	20.3

Every line the company reported, in the original order and wording, without regrouping or signs changed.