BAFL Bank Alfalah Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 55.65 -0.22%
Financials
Bank Alfalah Limited (BAFL) financials
20 years of annual results (FY2006 – FY2025), 80 quarters.
Bank Alfalah Limited (BAFL) reported total income of Rs 178.6 bn for FY2025 (Jan – Dec 2025), up 7.9% from FY2024.
Profit attributable to shareholders was Rs 27.8 bn (EPS Rs 8.81), down 30.2%.
It declared a dividend of Rs 5.25 per share for FY2025 and has paid a dividend in each of the last 9 years.
Deposits stood at Rs 2.50 tn and net advances at Rs 1.08 tn, an advances-to-deposits ratio of 43.2%.
Return on equity was 14.6%.
Over the last five years total income grew at a compound 25.5% a year.
At Rs 55.65 (close on 16 Oct 2026) the shares trade at 5.2× earnings (TTM to Jun 2026) and 0.89× book value, with a dividend yield of 9.4%.
Fundamentals
BAFL at a glance
Total income · FY2025
Rs 178.6 bn
▲ 7.9% year on year
Profit attributable to shareholders · FY2025
Rs 27.8 bn
▼ 30.2% year on year
EPS – basic (Rs) · FY2025
Rs 8.81
▼ 30.2% year on year
Dividend per share (Rs) · FY2025
Rs 5.25
▲ 23.5% year on year
Deposits · FY2025
Rs 2.50 tn
▲ 16.8% year on year
Return on equity (ROE) · FY2025
14.6%
-10.2 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Total income · FY2025
- Rs 178.6 bn
- Profit attributable · FY2025
- Rs 27.8 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 3.84 tn
- Equity · FY2025
- Rs 200.2 bn
Financial highlights
BAFL financial results
| Rs bn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net interest income | 138.7 | 128.1 | 127.0 | 78.4 | 46.5 | 45.0 | 45.2 | 32.3 | 29.4 | 29.5 |
| Total non-interest income | 39.9 | 37.4 | 26.7 | 20.2 | 16.0 | 12.5 | 10.0 | 10.2 | 8.8 | 8.1 |
| Total income | 178.6 | 165.5 | 153.7 | 98.6 | 62.6 | 57.5 | 55.2 | 42.5 | 38.2 | 37.6 |
| Operating expenses | (120.0) | (86.2) | (78.0) | (60.4) | (39.5) | (40.1) | (32.0) | (25.2) | (24.5) | (24.7) |
| Provisions & impairment (loans) | 2.1 | 1.3 | 9.7 | 8.6 | 1.5 | 8.0 | 1.8 | 0.1 | (0.7) | 0.8 |
| Profit before tax | 62.0 | 85.2 | 78.7 | 36.7 | 23.9 | 18.4 | 22.9 | 18.2 | 14.1 | 13.4 |
| Profit attributable to shareholders | 27.8 | 39.9 | 36.5 | 18.4 | 14.4 | 10.8 | 13.0 | 10.9 | 8.5 | 7.9 |
| EPS – basic (Rs) Rs | 8.81 | 12.63 | 11.58 | 5.19 | 4.06 | 3.05 | 3.67 | 3.07 | 2.41 | 2.24 |
| Dividend per share (Rs) Rs | 5.25 | 4.25 | 4.00 | 2.50 | 2.00 | 2.00 | 2.00 | 1.20 | 0.68 | 0.00 |
| Advances (net) | 1,078.0 | 1,093.0 | 722.6 | 714.5 | 647.8 | 561.5 | 493.8 | 499.8 | 406.6 | 408.9 |
| Deposits | 2,495.4 | 2,136.1 | 2,084.9 | 1,486.8 | 1,139.0 | 881.8 | 782.3 | 702.8 | 644.9 | 640.9 |
| Total assets | 3,835.1 | 3,717.1 | 3,349.7 | 2,256.7 | 1,736.8 | 1,387.7 | 1,067.7 | 1,008.6 | 1,001.0 | 931.6 |
| Equity attributable to shareholders | 200.2 | 181.4 | 139.9 | 101.9 | 101.7 | 92.6 | 89.2 | 76.5 | 66.4 | 60.6 |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Net interest income | 141.8 | 36.9 | 35.1 | 35.2 | 34.7 | 34.9 | 34.1 | 31.8 | 34.8 |
| Total non-interest income | 53.1 | 14.2 | 19.9 | 8.8 | 10.2 | 13.3 | 8.4 | 7.4 | 9.6 |
| Total income | 195.0 | 51.2 | 55.0 | 44.0 | 44.9 | 48.2 | 42.5 | 39.2 | 44.4 |
| Operating expenses | (126.6) | (31.7) | (31.1) | (32.0) | (31.7) | (30.9) | (26.3) | (27.0) | (21.8) |
| Provisions & impairment (loans) | 1.2 | 0.8 | (1.3) | 1.2 | 0.4 | 1.8 | (1.3) | 0.5 | 0.2 |
| Profit before tax | 72.7 | 21.6 | 23.3 | 14.0 | 13.8 | 18.5 | 15.6 | 16.8 | 26.1 |
| Profit attributable to shareholders | 33.9 | 10.2 | 11.0 | 6.4 | 6.3 | 8.0 | 7.1 | 4.6 | 13.3 |
| EPS – basic (Rs) Rs | 10.74 | 3.22 | 3.48 | 2.03 | 2.01 | 2.53 | 2.24 | 1.47 | 4.21 |
| Dividend per share (Rs) Rs | 5.75 | 1.50 | 1.50 | 1.50 | 1.25 | 1.25 | 1.25 | 1.25 | 1.00 |
| Advances (net) | 1,091.7 | 1,091.7 | 1,004.3 | 1,078.0 | 1,004.1 | 986.1 | 859.0 | 1,093.0 | 832.6 |
| Deposits | 2,658.3 | 2,658.3 | 2,471.0 | 2,495.4 | 2,166.3 | 2,287.6 | 2,017.6 | 2,136.1 | 2,135.6 |
| Total assets | 4,029.7 | 4,029.7 | 3,043.0 | 3,835.1 | 3,229.1 | 3,300.2 | 3,483.7 | 3,717.1 | 3,284.3 |
| Equity attributable to shareholders | 196.7 | 196.7 | 190.7 | 200.2 | 195.3 | 190.1 | 182.3 | 181.4 | 170.4 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. * Some FY2025 figures do not fully reconcile in the source data. Updated 16 Oct 2026.