KARACHI: Meezan Bank has reported quarterly profit after tax of Rs 23.4 billion in the first quarter of this year (CY26), registering a 6 percent growth.
The Board of Directors of Meezan Bank has approved the financial statements of the Bank for the quarter ended March 31, 2026. The meeting was chaired by Riyadh S.A.A. Edrees, Chairman of the Board.
Healthy profit resulted in an annualised Return on Equity of 34 percent reflecting Meezan Bank’s focus on enhancing shareholder value.
The Board of Directors has approved an interim cash dividend of 75 percent (Rs 7.50 per share). Retail deposit growth drove a 10 percent increase, taking total deposits to Rs 3.6 trillion and reinforcing Meezan Bank’s position among the largest banks in Pakistan by deposits.
Copyright Business Recorder, 2026
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