The Board of Directors of National Bank of Pakistan (NBP) has approved the audited financial statements for the year ended December 31, 2025, announcing the highest-ever net profit in the bank’s history at Rs85.9 billion.

The board recommended a final cash dividend of 350% (Rs35 per share), amounting to a total payout of Rs75 billion. The dividend is subject to shareholder approval at the forthcoming 77th Annual General Meeting.

NBP reported a pre-tax profit of Rs178.9 billion, up 216% from Rs56.7 billion in 2024. Profit after tax rose 220%, with earnings per share increasing to Rs40.4 from Rs12.6 a year earlier.

Net mark-up and interest income grew 45.4% year-on-year to Rs248.5 billion. The bank attributed the rise to a reduction in the cost of funds to 8.8% from 15.8%, disciplined balance sheet management, and an improved funding mix.

Total income increased 31.9% to Rs311.7 billion. Operating expenses declined to Rs124.8 billion from Rs177.4 billion, reflecting cost optimisation and the absence of non-recurring charges. Pre-provision profit rose 217% to Rs186.9 billion, while net credit loss allowances remained contained at Rs8.0 billion.

Total assets increased 4.8% to Rs7,066.9 billion. Deposits rose 14.6% to Rs4,429.3 billion, with a CASA ratio of 81.3%. Net investments grew 6.7% to Rs4,922.1 billion, while net advances stood at Rs1,338.1 billion.

Total eligible capital reached Rs543.7 billion against risk-weighted assets of Rs2.0 trillion. The Capital Adequacy Ratio stood at 26.21%, with CET-1 at 20.21%. The Liquidity Coverage Ratio was 213%, and the Net Stable Funding Ratio was 171%, all above regulatory requirements.

Stage-3 loans declined 17.2% to Rs223.0 billion, with a coverage ratio of 94.6%. The bank also maintained additional precautionary credit loss allowances of Rs57 billion.

NBP Aitemaad recorded strong growth. Total assets nearly doubled to Rs651.9 billion, while deposits rose 80.6% to Rs558.9 billion. Pre-tax profit increased 117.1% to Rs13.7 billion. The Islamic banking network expanded to 662 touchpoints nationwide.

Investor confidence strengthened, with market capitalisation increasing tenfold over the past two years to around $2.0 billion. In 2025, the bank contributed Rs93.0 billion in income taxes. Of the proposed dividend, Rs57.0 billion will be payable to the Government of Pakistan and the State Bank of Pakistan.

Over the past three years, shareholders’ equity rose from Rs300.8 billion to Rs531.4 billion.

Commenting on the results, Rehmat Ali Hasnie, President and CEO, stated, “2025 marked a transformative year for NBP, with record profitability driven by macroeconomic stabilisation, cost efficiencies, and diversified growth. As one of the largest contributors to the public exchequer, we remain committed to supporting SMEs, agriculture, rural communities, and inclusive finance. With a strengthened balance sheet and clear strategic momentum, NBP is well-positioned for sustainable growth ahead.”