KARACHI: The National Bank of Pakistan (NBP) posted a record net profit of Rs85.9 billion for the year ended Dec 31, 2025.

The board of directors on Wednesday approved the audited financial statements and recommended a final cash dividend of 350 per cent (Rs35 per share), subject to shareholder approval at the forthcoming 77th annual general meeting.

The bank reported a pre-tax profit of Rs178.9bn in 2025, up 216pc from Rs56.7bn in 2024. Profit after tax increased 220pc, translating into earnings per share of Rs40.4 compared to Rs12.6 a year earlier.

Net interest income rose 45.4pc year-on-year to Rs248.5bn, supported by a reduction in the cost of funds to 8.8pc from 15.8pc in 2024, improved fuwnding mix and disciplined balance sheet management.

Total income grew 31.9pc to Rs311.7bn, while operating expenses declined to Rs124.8bn from Rs177.4bn, reflecting cost optimisation and the absence of non-recurring charges.

Total assets increased 4.8pc year-on-year to Rs7,066.9bn. Deposits rose 14.6pc to Rs4,429.3bn, with a current and savings account ratio of 81.3pc.

UBL earns Rs30bn

Meanwhile, the United Bank Ltd (UBL) on Wednesday announced consolidated earnings of Rs29.9bn (EPS: Rs11.9) for the fourth quarter of 2025, up 15pc year-on-year but down 15pc quarter-on-quarter.

UBL recorded a 96pc year-on-year increase in deposits to Rs5.2 trillion by Dec 31, 2025.

For the full year 2025, earnings rose to Rs130bn (EPS: Rs51.9), reflecting an increase of 73pc over the preceding year.

The fourth-quarter results fell short of industry expectations owing to higher-than-anticipated non-interest expenses.

Published in Dawn, February 26th, 2026