Allied Bank Limited (ABL) has announced its financial results for the third quarter and nine months ended September 30, 2026, reporting a consolidated profit after tax of Rs23.34 billion. The bank has also announced an interim cash dividend of Rs4 per share, reflecting its continued commitment to shareholder returns.

According to the financial results submitted to the Pakistan Stock Exchange (PSX), Allied Bank recorded consolidated earnings per share (EPS) of Rs20.38 for the nine-month period, compared with Rs23.41 in the corresponding period last year.

Growth in Banking Income

Allied Bank’s consolidated net mark-up and interest income increased to Rs80.01 billion during the nine months ended September 2026, compared with Rs78.68 billion in the same period of 2025.

The bank’s total consolidated income also improved, reaching Rs104.70 billion against Rs101.85 billion in the corresponding period last year.

Non-mark-up and interest income increased to Rs24.68 billion from Rs23.17 billion, supported by contributions from fee and commission income, dividend income, foreign exchange income and other sources.

However, higher operating expenses and taxation affected the bank’s overall profitability during the reporting period.

Profitability Remains Under Pressure

Allied Bank posted consolidated profit before taxation of Rs47.68 billion for the nine months ended September 30, 2026, compared with Rs56.22 billion in the corresponding period of the previous year.

Consolidated profit after taxation stood at Rs23.34 billion, down from Rs26.81 billion a year earlier. Consequently, earnings per share declined to Rs20.38 from Rs23.41.

For the third quarter alone, the bank reported consolidated profit after taxation of Rs7.36 billion, compared with Rs8.82 billion in the same quarter of 2025.

These figures indicate that although the bank achieved growth in overall income and net interest income, increased expenses and taxation weighed on its bottom line.

Strong Deposit Base and Asset Position

The bank’s consolidated total assets increased to Rs3.54 trillion as of September 30, 2026, compared with Rs3.38 trillion at the end of December 2025.

Deposits and other accounts reached approximately Rs2.59 trillion, up from Rs2.34 trillion at the end of the previous year. This reflects an expansion in the bank’s deposit base during the reporting period.

Advances also increased to Rs807.15 billion from Rs789.95 billion, while investments stood at approximately Rs2.21 trillion.

These figures highlight the bank’s substantial presence in Pakistan’s banking sector and its continued role in mobilising deposits and managing investments.

Allied Bank Announces Rs4 Per Share Dividend

Alongside its financial results, Allied Bank’s Board of Directors recommended an interim cash dividend of Rs4 per share, equivalent to 40%, for the quarter ended September 30, 2026.

The latest dividend is in addition to interim dividends of Rs8 per share, or 80%, already paid during the year.

Shareholders whose names appear in the bank’s Register of Members on November 6, 2026, will be eligible for the announced entitlement.

The bank also announced that its share transfer books will remain closed from November 10 to November 12, 2026, both days inclusive.

Outlook

Allied Bank’s nine-month results reflect a mixed financial performance, with growth in total income, net interest income, deposits and assets, alongside a decline in profitability compared with the previous year.

The latest dividend announcement provides continued returns to shareholders, while the bank’s expanding asset and deposit base demonstrates its ongoing business activity.

Investors will likely monitor the bank’s upcoming financial performance, particularly its ability to manage operating costs, maintain income growth and improve profitability in the remaining months of 2026.

Source: Allied Bank Limited’s unaudited financial statements for the nine months ended September 30, 2026, submitted to the Pakistan Stock Exchange.Crescent Fibres Limited has returned to profitability in the first quarter of FY2026-27, reporting a net profit of Rs6.06 million for the quarter ended September 30, 2026, compared with a net loss of Rs77.90 million in the corresponding period last year.

According to the company’s latest unaudited financial statements submitted to the Pakistan Stock Exchange (PSX), the improvement reflects stronger sales, a recovery in gross profitability, higher other operating income and lower financial charges.

The company’s net sales increased by approximately 16% to Rs1.17 billion during the quarter, compared with Rs1.01 billion recorded in the same period last year. This growth in revenue was accompanied by a significant improvement in gross profit, which reached Rs49.98 million against a gross loss of Rs7.96 million in the corresponding quarter of 2025.

Crescent Fibres also reported an operating profit of Rs49.82 million, reversing an operating loss of Rs37.64 million recorded a year earlier. Other operating income increased substantially to Rs56.86 million from Rs18.50 million, contributing to the improved operating performance.

Financial charges declined to Rs28.97 million from Rs37.15 million in the same period last year, providing additional support to the company’s bottom line. Consequently, profit before taxation and levy stood at Rs20.86 million, compared with a loss of Rs74.79 million in the previous year’s corresponding quarter.

After accounting for a levy of Rs14.80 million, the company reported profit before taxation of Rs6.06 million. With no taxation expense recorded for the quarter, net profit also stood at Rs6.06 million. Earnings per share improved to Rs0.49 against a loss per share of Rs6.27 in the corresponding period last year.

Financial Position and Cash Flows

As of September 30, 2026, Crescent Fibres reported total assets of approximately Rs5.90 billion, compared with Rs6.09 billion at June 30, 2026. Shareholders’ equity stood at Rs3.61 billion, while total current and non-current liabilities amounted to approximately Rs2.30 billion.

The company’s cash and bank balances increased to Rs32.98 million from Rs20.72 million at the end of June 2026. However, cash flows from operating activities remained negative, with a net cash outflow of Rs92.22 million during the quarter, compared with an outflow of Rs75.42 million in the corresponding period last year.

Investing activities generated a net cash inflow of Rs123.93 million, largely supported by proceeds of Rs144.34 million from the disposal of operating fixed assets. Meanwhile, financing activities recorded a net cash outflow of Rs19.45 million.

No Dividend Announced

In its October 29, 2026 board meeting, held in Lahore through a video link, the company’s directors recommended no cash dividend, bonus shares or right shares for the quarter ended September 30, 2026.

Overall, Crescent Fibres’ latest results indicate a notable turnaround in profitability, supported by revenue growth, improved gross margins and reduced financial charges. However, the continued negative operating cash flow remains an important area to monitor in the coming quarters.

The company’s ability to sustain its improved earnings performance, strengthen cash generation and manage its financial obligations will be important factors in determining its future financial outlook.