KARACHI: Faysal Bank Limited recorded pre-tax earnings for H1 CY26 amounting to PKR 20.5 billion and net profit totaling PKR 10 billion, with EPS reaching PKR 6.60 for the first six months of the ongoing fiscal year. The banking institution concurrently announced the payment of a second quarter cash dividend per share worth PKR 1.5.
The Faysal Bank Limited continued to record profits along its pre-defined path during the first half of calendar year 26 (H1 CY26), achieving an asset level in excess of PKR 1.8 trillion despite a general decline in interest rates amid challenging market conditions. The growth in the bank’s asset base is evidence that it succeeded owing to strong business fundamentals rather than favourable external factors.
The bank has continued to optimise its deposit profile, putting greater weightage on its current accounts portfolio, benefiting from trade-related activities, an increasing customer base, and the presence of a widespread branch network across the country. The strategy of maintaining a higher current account balance seems crucial in helping the bank preserve its margin amid rising rates elsewhere in the economy.
Total deposits registered an impressive rise of 9.5%, hitting PKR 1.56 trillion. Of these deposits, the current account deposits rose 21% to stand at PKR 646 billion. As for the current account composition, this accounted for 41.4%, compared to 37.5% recorded in December 2025. On top of that, there was an improvement in the CASA ratio, rising from 81.9% to 86.8%. Such figures depict a structural shift towards low-cost funding options in the bank’s deposit base.
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The Advance-to-Deposit Ratio fell to 51.7 percent, down from 61.1 percent, while infection ratio stood at 2.3 percent. Moreover, the issue of a Tier II Sukuk amounting to PKR 7 billion helped bolster its capital structure. These details were provided in connection with Faysal Bank H1 CY26 profit numbers released earlier this year.
Faysal Bank H1 CY26 profit Reflects Resilience of Islamic Banking
From this perspective, one could say that the performance of First Bank Limited (FBL) has demonstrated its capabilities in terms of its Islamic banking franchise, robust corporate structure, sound risk management practices, and clear growth strategy. As highlighted by the bank, its increasing performance is being fueled by digitally-led and technology-enabled initiatives for women customers.
Speaking about the figures, Mian Muhammad Younis, Chairman of Faysal Bank, noted that they highlight the increasing maturity and robustness of Faysal Bank’s Islamic banking and network-based business model. “The figures confirm the correctness of the guidance provided by the Board of Directors in terms of our long-term strategy of increasing the network of Faysal Bank and creating a low-cost core deposits base,” he said.
"Our gratitude to all our clients who keep placing their faith in us and make our success possible," he added, attributing the strong results recorded by the bank to its ability to maintain client trust despite volatile market conditions.
In light of the latest interim fiscal year 26 financial statements released by Faysal Bank Limited, where its net income has risen, the bank’s ongoing commitment to current account growth, prudent risk management practices, and growth within the realm of Islamic banking implies a strategy targeting sustainable performance. The improvement in CASA ratios along with moderating ADRs reveals that Faysal Bank is now relying more on a deposits-based funding model. This will likely prove favorable for the bank amid an ever-changing interest rate scenario in the coming months.