JS Bank reports profit after tax of Rs1.045bn in Q1 2026

KARACHI: JS Bank Limited on Wednesday announced its financial results for the quarter ended March 31, 2026, reporting a profit before tax of Rs 2.175 billion and profit after tax of Rs 1.045 billion, translating into earnings per share (EPS) of Rs 0.51.

JS Bank’s balance sheet showed moderate growth, with total assets reported at Rs 682.877 billion, reflecting a 4 percent increase over December 2025. The growth in total assets was primarily driven by investments, which increased by Rs 89.076 billion on a net basis from December 2025. The Bank’s deposit base remained stable at Rs 544.898 billion. More importantly, the Bank’s non-remunerative deposit mix continued to remain over 40 percent.

Improved recoveries against non-performing loans in the current quarter further aided bottom line profitability, as the bank reported a net reversal of Rs 78.428 million for the current period as against a charge of Rs 742.336 for the corresponding period last year. Operating expenses were kept in check, growing by 4 percent year on year.

Copyright Business Recorder, 2026