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Commercial Banks

MEBL Meezan Bank Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 545.82 -0.48%

Annual · FY2006 – FY2025

Meezan Bank Limited (MEBL) income statement

Meezan Bank Limited reported total income of Rs 288.0 bn for FY2025 (Jan – Dec 2025), down 9.4% on FY2024. Net interest income was Rs 252.8 bn, down 12.1% on FY2024, with non-interest income of Rs 35.1 bn. Tax of Rs 108.1 bn took 54.0% of pre-tax profit. Profit attributable to shareholders was Rs 90.7 bn, down 11.7% on FY2024, or Rs 50.47 per share.

MEBL income statement (annual) (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Interest & dividend income 420.9 494.9 432.5 232.9 110.6
Interest expense (168.0) (207.3) (205.3) (110.4) (41.2)
Net interest income 252.8 287.7 227.1 122.4 69.4
Fee & commission income (net) 27.8 25.1 18.9 14.1 10.9
Foreign exchange income 5.5 0.8 3.1 3.6 3.2
Gain / (loss) on securities 1.0 3.5 (0.7) (0.1) —
Total non-interest income 35.1 30.2 22.2 18.2 14.6
Total income 288.0 317.9 249.3 140.7 84.0
Operating expenses (91.7) (95.1) (79.9) (51.2) (36.1)
Provisions & impairment (loans) 3.8 8.9 7.5 3.2 1.0
Profit before tax 200.3 226.3 172.1 88.8 48.0
Taxation (108.1) (122.6) (86.0) (43.7) (19.5)
Profit after tax 92.2 103.7 86.0 45.1 28.5
Profit attributable to shareholders 90.7 102.7 85.4 44.9 28.2
Per share
EPS – basic (Rs) Rs 50.47 57.28 47.72 25.11 15.77
EPS – diluted (Rs) Rs 50.15 56.96 47.66 25.10 15.77
Dividend per share (Rs) Rs 28.00 28.00 20.00 8.18 5.10
Weighted average shares mn 1,797.4 1,792.9 1,790.4 1,789.6 1,789.6
MEBL income statement — year-on-year change (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Interest & dividend income -15.0% +14.4% +85.7% +110.5% +3.5%
Interest expense -18.9% +0.9% +85.9% +168.2% -1.4%
Net interest income -12.1% +26.7% +85.5% +76.3% +6.7%
Fee & commission income (net) +10.7% +32.7% +34.2% +29.7% +60.0%
Foreign exchange income +561.2% -73.2% -14.4% +14.5% +46.6%
Gain / (loss) on securities -72.3% — — — —
Total non-interest income +16.2% +36.5% +21.4% +25.4% +42.2%
Total income -9.4% +27.5% +77.2% +67.5% +11.5%
Operating expenses -3.6% +19.0% +56.0% +41.9% -5.4%
Provisions & impairment (loans) -58.0% +18.4% +132.5% +226.7% -88.1%
Profit before tax -11.5% +31.5% +93.8% +85.1% +27.0%
Taxation -11.8% +42.4% +97.1% +124.3% +28.8%
Profit after tax -11.1% +20.6% +90.6% +58.3% +25.7%
Profit attributable to shareholders -11.7% +20.2% +90.1% +59.2% +26.0%
Per share
EPS – basic (Rs) -11.9% +20.0% +90.0% +59.2% +26.0%
EPS – diluted (Rs) -11.9% +19.5% +89.9% +59.1% +26.0%
Dividend per share (Rs) 0.0% +40.0% +144.4% +60.5% +7.5%
Weighted average shares — — — — —

Change against the previous fiscal year; shown when the earlier figure is positive.

MEBL income statement — common size (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Interest & dividend income 146.1% 155.7% 173.5% 165.5% 131.7%
Interest expense (58.3%) (65.2%) (82.4%) (78.5%) (49.0%)
Net interest income 87.8% 90.5% 91.1% 87.0% 82.7%
Fee & commission income (net) 9.6% 7.9% 7.6% 10.0% 12.9%
Foreign exchange income 1.9% 0.3% 1.2% 2.6% 3.8%
Gain / (loss) on securities 0.3% 1.1% (0.3%) (0.1%) —
Total non-interest income 12.2% 9.5% 8.9% 13.0% 17.3%
Total income 100.0% 100.0% 100.0% 100.0% 100.0%
Operating expenses (31.8%) (29.9%) (32.1%) (36.4%) (42.9%)
Provisions & impairment (loans) 1.3% 2.8% 3.0% 2.3% 1.2%
Profit before tax 69.6% 71.2% 69.0% 63.1% 57.1%
Taxation (37.5%) (38.6%) (34.5%) (31.0%) (23.2%)
Profit after tax 32.0% 32.6% 34.5% 32.1% 33.9%
Profit attributable to shareholders 31.5% 32.3% 34.3% 31.9% 33.6%

Each line as a percentage of total income.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 160
MEBL income statement — all reported line items (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Interest & Dividend Income/(Expense) - Net - Finance 252.8 287.7 227.1 122.4 69.4
Interest & Dividend Income - Finance - Total 420.9 494.9 432.5 232.9 110.6
Interest Income - Loans/Deposits 153.0 191.3 173.5 98.9 —
Interest & Fees on Loans & Receivables 148.9 186.4 169.4 89.7 —
Interest Income - Deposits to Other Financial Institutions 4.1 4.9 4.1 9.2 —
Interest & Dividend Income - Other - Finance 0.4 0.6 0.6 0.6 110.6
Interest & Dividend Income - Investment Securities - Finance 267.5 303.0 258.3 133.3 —
Net Commission & Fees Income/Expense - Business Revenue 27.8 25.1 18.9 14.1 10.9
Fees & Commissions Income 29.8 25.8 19.6 14.7 10.9
Interest & Dividend Income - Investment Securities Available for Sale/Held to Maturity - Finance 267.5 303.0 258.2 133.3 —
Fees & Commissions Expense 2.0 0.8 0.7 0.6 —
Interest & Dividend Income - Trading Account Assets - Finance — — 0.1 0.0 —
Investments & Loans - Business - Gain/(Loss) 1.9 4.3 0.2 0.5 0.5
Interest Expense - Finance - Total 168.0 207.3 205.3 110.4 41.2
Interest Expense - Operational Financing - Business 126.1 169.8 133.2 70.9 41.2
Interest Expense - Deposits 108.9 144.8 110.6 59.6 —
Investment Securities - Business - Gain/(Loss) 1.0 3.5 (0.7) (0.1) —
Investments Securities - Available for Sale/Held to Maturity - Realized Gain/(Loss) 1.0 3.5 (0.7) (0.1) —
Interest Expenses - Other - Total 17.2 25.0 22.6 11.3 —
Interest Expense - External Financing Business 41.9 37.5 72.2 39.5 —
Non-Interest Business Revenue/(Expense) - Net - Total 35.1 30.2 22.2 18.2 14.6
Net Foreign Exchange Income/(Expense) - Business Revenue 5.5 0.8 3.1 3.6 3.2
Gain/(Loss) on Sale of Financial Instruments - Other — — — — 0.5
Settlement of Loans - Gain/(Loss) 0.9 0.8 0.8 0.6 —
Revenue from Business Activities - Total 288.0 317.9 249.3 140.7 84.0
Selling, General & Administrative Expenses - Total 87.8 85.7 71.7 48.1 1.0
Selling, General & Administrative Expenses - Unclassified 25.5 19.4 17.6 10.5 —
Depreciation in Selling, General & Administrative Expenses 10.3 11.5 6.1 6.3 —
Amortization of Intangibles in Selling, General & Administrative Expenses 0.8 0.7 0.6 0.5 —
Equipment/Occupancy Expense - Bank/Financial - Other 2.2 0.9 0.6 0.5 —
Other Operating Expense/(Income) - Net 0.1 0.5 0.7 (0.2) 34.1
Other Operating Income - Total 0.1 0.0 0.0 0.4 0.8
Operating Expenses - Total 91.7 95.1 79.9 51.2 36.1
Provision & Impairment for Loan Losses 3.8 8.9 7.5 3.2 1.0
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 46.1 51.0 45.3 29.3 1.0
Selling, General & Administrative Expenses - Other - Total 5.1 3.1 2.2 1.5 —
Advertising Expense 2.7 1.7 1.4 1.0 —
Rental Expense 0.2 0.5 0.2 0.1 —
Operating Profit before Non-Recurring Income/(Expense) 196.3 222.9 169.4 89.5 47.9
Other Operating Expense 0.1 0.4 0.3 0.1 35.0
Operating Provisions - Increase/(Decrease) 0.2 0.1 0.4 0.1 —
Sale of Tangible & Intangible Fixed Assets - Gain/Loss 0.6 0.4 0.5 0.2 —
Equity Earnings/(Loss) - before Taxes including Non-Recurring 3.4 3.5 1.7 (0.1) 0.1
Other Non-Operating Income/(Expense) - Total — — — — —
Normalized Pre-tax Profit 200.3 226.7 171.5 89.6 48.0
Non-Recurring Income/Expense - Total 0.0 (0.4) 0.6 (0.8) 0.0
Impairment - Financial Investments (0.0) 0.2 (0.6) 0.8 —
Fair Value Adjustments - Financial Investments 0.0 (0.2) (0.0) 0.0 —
Non-Recurring Income/(Expense) - Other - Total — 0.0 0.0 0.0 0.0
Provision for Income Tax Expense- Unclassified — — — — 19.5
Income before Taxes 200.3 226.3 172.1 88.8 48.0
Income Taxes 108.1 122.6 86.0 43.7 19.5
Income Taxes for the Year - Current 108.6 125.4 85.8 45.4 —
Income Taxes - Domestic - Current — — — — —
Income Taxes - Other (KFAS/NLST) - Current — — — — —
Income Taxes - Deferred (3.5) (2.9) (1.7) (1.4) —
Income Taxes - Domestic - Deferred — — — — —
Income Taxes - Other - Deferred — — — — —
Income Taxes - Other (by Type) 3.1 (0.0) 2.0 (0.4) —
Net Income after Tax 92.2 103.7 86.0 45.1 28.5
Income before Discontinued Operations & Extraordinary Items 92.2 103.7 86.0 45.1 28.5
Net Income before Minority Interest 92.2 103.7 86.0 45.1 28.5
Minority Interest 1.5 1.0 0.6 0.2 0.3
Net Income after Minority Interest 90.7 102.7 85.4 44.9 28.2
Income Available to Common Shares 90.7 102.7 85.4 44.9 28.2
Other Comprehensive Income - Starting Line 92.2 103.7 86.0 45.1 28.5
Other Comprehensive Income - Unrealized Investment Gain/(Loss) (7.5) 0.6 11.6 (4.7) (1.5)
Other Comprehensive Income - Other — 10.1 (0.0) (0.0) 0.0
Other Comprehensive Income - Associated Companies — — — — —
Other Comprehensive Income - Pension Related (0.1) (0.2) (0.1) (0.1) (0.1)
Other Comprehensive Income - Net of Tax - Total (7.6) 10.5 11.5 (4.8) (1.6)
Comprehensive Income before Minority Interest - Total 84.6 114.2 97.5 40.3 26.9
Comprehensive Income - Attributable to Minority Interest - Total 1.5 1.0 0.6 0.2 0.3
Comprehensive Income - Attributable to Parent Company Equity Holders - Total 83.1 113.2 96.9 40.1 26.7
DPS - Common - Gross - Issue - By Period End Date Rs 28.00 28.00 20.00 8.18 5.10
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 90.7 102.7 85.4 44.9 28.2
Income available to Common excluding Extraordinary Items 90.7 102.7 85.4 44.9 28.2
Shares used to calculate Basic EPS - Total mn 1,797.4 1,792.9 1,790.4 1,789.6 1,789.6
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 50.47 57.28 47.72 25.11 15.77
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 50.47 57.28 47.72 25.11 15.77
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 50.45 57.50 47.40 25.56 15.77
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 90.7 102.7 85.4 44.9 28.2
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 1,797.4 1,792.9 1,790.4 1,789.6 1,789.6
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 50.47 57.28 47.72 25.11 15.77
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 50.47 57.28 47.72 25.11 15.77
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 50.45 57.50 47.40 25.56 15.77
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs 46.25 63.13 54.11 22.41 14.90
Dilution Adjustment — — — — —
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 90.7 102.7 85.4 44.9 28.2
Diluted Income available to Common excluding Extraordinary Items 90.7 102.7 85.4 44.9 28.2
Shares used to calculate Diluted EPS - Total mn 1,808.9 1,803.0 1,792.4 1,790.4 1,789.6
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 50.15 56.96 47.66 25.10 15.77
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 50.15 56.96 47.66 25.10 15.77
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 50.13 57.18 47.34 25.55 15.77
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 90.7 102.7 85.4 44.9 28.2
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 1,808.9 1,803.0 1,792.4 1,790.4 1,789.6
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 50.15 56.96 47.66 25.10 15.77
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 50.15 56.96 47.66 25.10 15.77
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 50.13 57.18 47.34 25.55 15.77
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs 45.95 62.77 54.05 22.40 14.90
DPS - Common - Gross - Issue - By Announcement Date Rs 28.00 29.00 15.00 6.55 5.32
DPS - Common - Net - Issue - By Announcement Date Rs 25.20 26.10 13.50 5.89 4.78
Earnings before Interest & Taxes (EBIT) 196.3 222.9 169.4 89.5 47.9
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 211.7 236.2 176.0 96.3 50.8
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments 211.9 236.7 176.2 96.3 —
Depreciation & Amortization - Supplemental 11.1 12.2 6.7 6.8 —
Depreciation Expense - Total - Supplemental 10.3 11.5 6.1 6.3 —
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 3.0 2.7 2.8 3.1 —
Amortization - Total - Supplemental 0.8 0.7 0.6 0.5 —
Intangible Amortization - Other - Supplemental 0.8 0.7 0.6 0.5 —
Amortization of Computer Software - Supplemental 0.8 0.7 0.6 0.5 —
Depreciation, Depletion & Amortization - Total 15.4 13.3 6.7 6.8 2.8
Depreciation - Total 14.5 12.6 6.1 6.3 2.5
Amortization of Intangible Assets including Goodwill - Total — — — — —
Amortization of Intangible Assets excluding Goodwill - Total 0.8 0.7 0.6 0.5 0.4
Income from Islamic Financing & Investing — — — — —
Labor & Related Expenses - Total 46.8 51.6 45.7 29.6 —
Labor & Related Expenses - Supplemental 46.1 51.0 45.3 29.3 —
Stock-Based Compensation Expense - Net of Tax - Supplemental 0.5 0.4 0.3 0.2 0.1
Stock-Based Compensation Expense - Pre-tax - Supplemental 0.7 0.6 0.4 0.3 0.1
Stock-Based Compensation - Tax Benefit - Supplemental 0.2 0.2 0.1 0.1 0.0
Auditor Fees 0.1 0.1 0.0 0.0 —
Audit-Related Fees 0.0 0.0 0.0 0.0 —
Tax Fees 0.0 0.0 0.0 — —
Fees - Other 0.0 0.0 0.0 0.0 —
Normalized after Tax Profit 92.1 104.1 85.5 45.9 28.5
Normalized Net Income from Continuing Operations 92.1 104.1 85.5 45.9 28.5
Normalized Net Income - Bottom Line 90.7 103.1 84.9 45.7 28.2
Earnings before Interest & Taxes (EBIT) - Normalized 200.3 226.7 171.5 89.6 48.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 215.6 240.0 178.1 96.4 50.8
Loan Losses - Net 0.0 0.2 0.0 0.1 —
Loan Recoveries - Actual 0.0 0.0 0.1 0.0 —
Loan Losses - Actual — 0.2 0.0 0.1 —
Interest Expense on Financial Lease Liabilities - Supplemental 4.2 3.9 2.1 1.5 —
Rental/Operating Lease Expense 0.2 0.5 0.2 0.1 —
Advertising Expenses - Supplemental 2.7 1.7 1.4 1.0 —
Interest Expense 168.0 207.3 205.3 110.4 41.2
Interest & Dividend Income after Loan Loss Provision - Net - Finance 249.1 278.7 219.6 119.2 68.5
Commissions & Fees from Securities Activities — — — — —
Revenue after Loan Provisions - Net - Finance 417.1 486.0 424.9 229.6 109.6
Operating Expenses 91.7 95.1 79.9 51.2 36.1
Foreign Exchange Gain/(Loss) 5.5 0.8 3.1 3.6 3.2
Selling, General & Administrative Expenses excluding Research & Development Expenses 87.8 85.7 71.7 48.1 1.0
Investment Gain/(Loss) 1.4 4.1 (0.1) 0.5 0.5
Non-Interest Expense - Bank 83.9 82.7 69.7 48.6 35.0
Income before Taxes & Provision for Loan Losses 204.0 235.2 179.6 92.0 49.0
DPS - Common - Gross - Issue - By Payable Date Rs 28.00 29.00 15.00 6.55 5.32
DPS - Common - Gross - Issue - By Ex Date Rs 28.00 29.00 15.00 6.55 5.32
Tax Adjusted Operating Income 90.7 102.7 85.4 44.9 28.2
Operating Expenses excluding Non-Cash Charges - Total 76.3 81.7 73.3 44.4 33.2
Revenue Net of Interest Expense Before Loan Loss Provision 288.0 317.9 249.3 140.7 84.0
Income from Earning Assets 427.3 499.3 434.9 236.4 113.8
Income Available to Common Shares before Depreciation & Amortization 106.1 116.0 92.1 51.7 31.1
Commissions and Fees 27.8 25.1 18.9 14.1 10.9
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 28.00 29.00 15.00 6.55 5.32

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