National Bank of Pakistan (NBP) financial ratios

National Bank of Pakistan earned a net margin of 27.0% in FY2025 against a five-year average of 21.0% (Commercial Banks median 22.2%). Return on equity was 17.0%, compared with a sector median of 17.0%.

FY2025 vs the Commercial Banks median

Net margin: 27.0%; Sector median 22.2%
Return on equity (ROE): 17.0%; Sector median 17.0%
Return on assets (ROA): 1.2%; Sector median 1.2%
Debt to equity: 319.6%; Sector median 253.4%
Dividend payout ratio: 0.0%; Sector median 50.4%

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

NBP 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	56.4%	23.4%	48.3%	41.0%	39.8%	33.7%	27.9%	31.4%	42.8%	44.3%	39.2%	32.2%	11.6%	31.2%	40.4%	41.3%	134.2%	80.3%	59.6%	62.9%
Net margin	27.0%	11.1%	25.3%	20.1%	21.4%	22.2%	16.0%	20.8%	27.3%	27.2%	22.8%	21.6%	8.5%	24.1%	27.5%	44.1%	110.3%	54.5%	41.0%	41.1%
Effective tax rate	52.4%	54.6%	49.1%	51.7%	46.7%	33.9%	42.5%	32.5%	34.9%	38.6%	40.8%	29.6%	24.0%	32.2%	32.3%	(6.4%)	17.7%	32.7%	32.1%	35.2%
Returns
Return on equity (ROE)	17.0%	—	15.1%	10.2%	10.1%	11.9%	7.4%	10.2%	12.9%	13.2%	11.4%	9.4%	3.5%	11.2%	13.3%	20.9%	15.5%	14.1%	19.3%	21.9%
Return on assets (ROA)	1.2%	—	0.9%	0.7%	0.8%	1.0%	0.6%	0.8%	1.0%	1.2%	1.2%	1.1%	0.4%	1.3%	1.6%	2.6%	2.0%	2.0%	2.8%	2.8%
Leverage
Debt to equity	319.6%	425.0%	567.3%	646.0%	116.4%	59.5%	208.9%	190.8%	207.8%	30.6%	18.4%	27.0%	23.1%	45.9%	47.6%	36.4%	46.1%	48.8%	16.2%	28.9%
Debt to capital	76.2%	81.0%	85.0%	86.6%	53.8%	37.3%	67.6%	65.6%	67.5%	23.4%	15.6%	21.2%	18.8%	31.5%	32.3%	26.7%	31.6%	32.8%	13.9%	22.4%
Debt to assets	24.3%	29.2%	33.8%	38.2%	8.9%	5.4%	16.0%	14.4%	14.9%	2.7%	1.8%	3.2%	2.7%	5.1%	5.6%	4.6%	5.9%	6.2%	2.5%	3.8%
Assets to equity	13.81×	—	16.84×	15.05×	12.07×	11.97×	13.18×	13.60×	12.58×	10.59×	9.21×	8.51×	8.80×	8.80×	8.21×	7.87×	7.84×	7.13×	6.98×	7.72×
Dividends
Dividend payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	69.3%	79.6%	72.7%	80.7%	83.2%	71.2%	38.4%	46.3%	37.2%	14.6%	16.4%
Earnings retention rate	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×	0.31×	0.20×	0.27×	0.19×	0.17×	0.29×	0.62×	0.54×	0.63×	0.85×	0.84×

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.

NBP: frequently asked questions

What is NBP's EPS?

National Bank of Pakistan reported basic earnings per share of Rs 39.97 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 35.18.

What is NBP's P/E ratio?

At the closing price of Rs 158.23 on 16 Oct 2026, NBP trades at a P/E of 4.5× based on EPS of Rs 35.18 (TTM to Jun 2026).

Does NBP pay dividends?

Yes. National Bank of Pakistan declared a dividend of Rs 35.00 per share for FY2025. It has paid a dividend in each of the last 2 years. At Rs 158.23 that is a dividend yield of 22.1%.

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

National Bank of Pakistan reported total income of Rs 318.1 bn and profit attributable to shareholders of Rs 85.0 bn for FY2025 (Jan – Dec 2025).

What is NBP's book value per share?

National Bank of Pakistan's book value per share was Rs 252.05 at the end of FY2025. The shares trade at 0.72× book value.

Information only, not investment advice.