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Monday May 12, 2025

Faysal Bank reports net profit at Rs5.1bn

By Our Correspondent
April 25, 2025
Faysal Bank reports net profit at Rs5.1bn

KARACHI: Faysal Bank Limited (FBL) has reported a profit before tax (PBT) of Rs11.1 billion and net profit of Rs5.1 billion for the quarter ended March 31, 2025. Earnings per share decreased from Rs4.29 to Rs3.39. The bank declared an interim cash dividend of Rs1.5 per share. FBL’s total assets were at Rs1.6 trillion, deposits at Rs1.1 trillion, and net financing at Rs643 billion plus. The bank has a healthy advance to deposit (ADR) ratio of 57.8 per cent and capital adequacy ratio (CAR) stood at a solid 16.6 per cent, comfortably exceeding regulatory requirement.

Chairperson of Faysal Bank Mian Muhammad Younis, reflecting on the bank’s Q1 performance, said, “The results of the first quarter of 2025 underscore the enduring strength and stability of our Islamic banking foundation. They are a direct outcome of the clear strategic vision of our Board and the dedication of our management.”

President and CEO of Faysal Bank Yousaf Hussain added, “The positive momentum we have brought into 2025 is a strong reflection of the resilience and depth of our purpose-driven Islamic banking model. Our continued emphasis on delivering innovative, Sharia-compliant solutions, complemented by trusted customer relationships, and service excellence remains central to our success.”