{"id":4727,"date":"2025-04-24T20:13:41","date_gmt":"2025-04-24T15:13:41","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=4727"},"modified":"2025-04-24T20:13:41","modified_gmt":"2025-04-24T15:13:41","slug":"allied-bank-reports-pkr-8-48-billion-profit-in-q1-2025","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=4727","title":{"rendered":"Allied Bank Reports PKR 8.48 Billion Profit in Q1 2025"},"content":{"rendered":"

April 24, 2025:<\/strong> Allied Bank Limited (PSX: ABL)<\/a> reported a net profit of Rs8.48 billion<\/strong> for the quarter ended March 31, 2025, translating into earnings per share (EPS) of Rs7<\/strong>, down 26.97%<\/strong> from Rs11.61 billion (EPS: Rs10) recorded in the same period last year.<\/p>\n

In tandem with the results, the bank\u2019s board of directors announced an interim cash dividend of Rs4 per share<\/strong>, equivalent to 40% of the face value<\/strong>.<\/p>\n

The decline in profitability was primarily attributed to a drop in total income, which fell 7.42% YoY<\/strong> to Rs33.25 billion<\/strong>, compared to Rs35.92 billion in Q1 2024. This was largely driven by a 12.85% decrease in net mark-up\/interest income<\/strong>, which settled at Rs25.4 billion<\/strong>.<\/p>\n

On the other hand, non-mark-up income rose 16%<\/strong> to Rs7.85 billion<\/strong>, boosted by a 36.79% surge in foreign exchange<\/a> income<\/strong> and a 146% increase in gains on securities<\/strong>. Fee and commission income also grew by nearly 11%, offering some offset to the declining core income.<\/p>\n

Meanwhile, operating expenses ballooned 17.38%<\/strong> to Rs15.34 billion<\/strong>, increasing the overall cost burden. However, declines in other expenses and the workers\u2019 welfare fund provided slight relief.<\/p>\n

The share of profit from associates plunged 41.65%<\/strong>, while credit loss allowances and write-offs stood at Rs135 million<\/strong>, lower than Rs163 million recorded in the same quarter<\/a> last year.<\/p>\n

As a result, profit before taxation<\/strong> dropped 21.62% YoY<\/strong> to Rs17.71 billion<\/strong>, from Rs22.6 billion. The bank paid Rs9.23 billion in taxes<\/strong>, slightly down from Rs10.99 billion a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"

April 24, 2025: Allied Bank Limited (PSX: ABL) reported a net profit of Rs8.48 billion for the quarter ended March 31, 2025, translating into earnings per share (EPS) of Rs7, down 26.97% from Rs11.61 billion (EPS: Rs10) recorded in the same period last year. In tandem with the results, the bank’s board of directors announced […]<\/p>\n","protected":false},"author":1,"featured_media":4728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1299],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t