Meezan Bank Limited (MEBL) financial ratios

Meezan Bank Limited earned a net margin of 32.0% in FY2025 against a five-year average of 33.0% (Commercial Banks median 22.2%). Return on equity was 33.8%, compared with a sector median of 17.0%.

FY2025 vs the Commercial Banks median

Net margin: 32.0%; Sector median 22.2%
Return on equity (ROE): 33.8%; Sector median 17.0%
Return on assets (ROA): 2.1%; Sector median 1.2%
Debt to equity: 349.6%; Sector median 253.4%
Dividend payout ratio: 55.5%; Sector median 50.4%

Median of the 19 companies in the sector with the figure for their latest fiscal year.

MEBL financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 * Jan – Dec 2018	FY2017 * Jan – Dec 2017	FY2016 * Jan – Dec 2016	FY2015 * Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 * Jan – Dec 2011	FY2010 * Jan – Dec 2010	FY2009 * Jan – Dec 2009	FY2008 * Jan – Dec 2008	FY2007 * Jan – Dec 2007	FY2006 Jan – Dec 2006
Profitability
Pre-tax margin	69.6%	71.2%	69.0%	63.1%	57.1%	50.2%	47.8%	42.1%	34.4%	43.6%	38.3%	38.2%	40.0%	41.0%	36.7%	31.7%	39.5%	10.3%	43.0%	51.2%
Net margin	32.0%	32.6%	34.5%	32.1%	33.9%	30.1%	27.9%	25.3%	20.0%	27.4%	21.7%	25.3%	28.1%	27.5%	28.6%	22.2%	26.2%	3.1%	32.0%	38.8%
Effective tax rate	54.0%	54.2%	50.0%	49.2%	40.6%	40.0%	41.5%	39.8%	41.8%	37.2%	43.2%	33.8%	29.9%	32.9%	22.1%	29.8%	33.7%	70.2%	25.5%	24.2%
Returns
Return on equity (ROE)	33.8%	46.7%	55.8%	43.4%	35.0%	33.5%	29.9%	22.4%	15.8%	19.8%	18.5%	21.4%	22.3%	23.1%	27.3%	15.6%	19.6%	3.4%	18.2%	14.9%
Return on assets (ROA)	2.1%	3.0%	3.1%	2.0%	1.7%	1.7%	1.5%	1.1%	0.8%	1.1%	1.0%	1.2%	1.3%	1.5%	1.9%	1.2%	1.6%	0.2%	1.9%	1.8%
Leverage
Debt to equity	349.6%	348.1%	242.4%	588.5%	306.9%	198.9%	128.4%	170.4%	143.3%	139.1%	68.4%	88.8%	79.7%	129.9%	83.5%	16.0%	12.2%	16.6%	18.2%	10.3%
Debt to capital	77.8%	77.7%	70.8%	85.5%	75.4%	66.5%	56.2%	63.0%	58.9%	58.2%	40.6%	47.0%	44.4%	56.5%	45.5%	13.8%	10.9%	14.3%	15.4%	9.4%
Debt to assets	20.9%	22.6%	15.3%	27.2%	14.5%	9.5%	7.2%	7.9%	7.0%	7.3%	3.8%	4.8%	4.6%	7.8%	5.7%	1.1%	1.0%	1.2%	1.7%	1.2%
Assets to equity	16.12×	15.62×	18.12×	21.42×	20.98×	19.50×	19.44×	21.07×	19.80×	18.61×	18.17×	17.92×	17.03×	15.65×	14.29×	13.16×	12.76×	11.94×	9.62×	8.76×
Dividends
Dividend payout ratio	55.5%	48.9%	41.9%	26.1%	33.7%	36.8%	39.0%	32.6%	53.5%	48.7%	61.9%	60.3%	38.0%	38.6%	23.7%	0.0%	0.0%	21.3%	0.0%	0.0%
Earnings retention rate	0.44×	0.51×	0.58×	0.74×	0.66×	0.63×	0.61×	0.67×	0.46×	0.51×	0.38×	0.40×	0.62×	0.61×	0.76×	1.00×	1.00×	0.79×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

MEBL: frequently asked questions

What is MEBL's EPS?

Meezan Bank Limited reported basic earnings per share of Rs 50.47 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 51.24.

What is MEBL's P/E ratio?

At the closing price of Rs 545.82 on 16 Oct 2026, MEBL trades at a P/E of 10.7× based on EPS of Rs 51.24 (TTM to Jun 2026).

Does MEBL pay dividends?

Yes. Meezan Bank Limited declared a dividend of Rs 28.00 per share for FY2025. It has paid a dividend in each of the last 15 years. At Rs 545.82 that is a dividend yield of 5.1%.

What was MEBL's total income and profit in FY2025?

Meezan Bank Limited reported total income of Rs 288.0 bn and profit attributable to shareholders of Rs 90.7 bn for FY2025 (Jan – Dec 2025).

What is MEBL's book value per share?

Meezan Bank Limited's book value per share was Rs 158.66 at the end of FY2025. The shares trade at 3.34× book value.

Information only, not investment advice.