Security Investment Bank Limited (SIB) has reported a profit after tax of Rs10.14 million for the nine months ended September 30, 2026, according to its latest financial results submitted to the Pakistan Stock Exchange (PSX).
The bank’s financial statements show a decline in profitability compared with the corresponding period of the previous year, when it recorded a profit after tax of Rs26.52 million.
Financial Performance for Nine Months
According to the company’s unaudited financial statements, Security Investment Bank recorded total income of Rs64.05 million during the nine-month period, compared with Rs88.16 million in the same period of 2025.
Income from financing and placements amounted to Rs17.17 million, down from Rs40.76 million in the corresponding period last year. Meanwhile, the bank generated Rs41.54 million in returns on securities, compared with Rs15.45 million previously.
Other income also increased to Rs5.06 million from Rs1.23 million in the corresponding period of the previous year.
The bank’s operating expenses stood at Rs51.39 million, compared with Rs60.75 million in the same period last year.
Consequently, profit before taxation declined to Rs12.67 million from Rs27.41 million. After accounting for taxation of Rs2.52 million, the bank reported a net profit of Rs10.14 million for the nine months ended September 2026.
Third Quarter Results Show Relatively Stable Profitability
For the third quarter ended September 30, 2026, Security Investment Bank recorded a profit after tax of Rs5.11 million, compared with Rs5.36 million in the same quarter of the previous year.
The bank’s quarterly income stood at Rs21.84 million, compared with Rs26.99 million in the corresponding quarter of 2025. Operating expenses declined to Rs16.73 million from Rs21.64 million.
Profit before taxation for the quarter reached Rs5.11 million, compared with Rs5.36 million in the same period last year.
Earnings per share (EPS) for the nine-month period stood at Rs0.172, compared with Rs0.448 in the corresponding period of 2025. Quarterly EPS was reported at Rs0.086 against Rs0.091 in the same quarter last year.
Financial Position and Assets
The bank’s total assets increased slightly to Rs915.81 million as of September 30, 2026, compared with Rs911.55 million at December 31, 2025.
Investments stood at Rs523.28 million, while cash and bank balances reached Rs35.24 million. The bank’s total equity and liabilities amounted to Rs915.81 million.
Share capital remained unchanged at Rs591.49 million, while total equity increased to Rs793.70 million from Rs783.56 million at the end of December 2025.
No Dividend Announced
In a separate notification to the Pakistan Stock Exchange dated October 31, 2026, the Board of Directors of Security Investment Bank Limited announced its financial results for the quarter ended September 30, 2026.
The board did not recommend any cash dividend, bonus shares or right shares for shareholders.
Outlook
Security Investment Bank’s latest financial results reflect a challenging nine-month period, with lower overall income and reduced profitability compared with the previous year. However, the bank maintained a positive bottom line and recorded a relatively modest decline in third-quarter earnings.
Going forward, investors will likely monitor the bank’s financing income, investment returns, operating expenses and overall profitability to assess its financial performance in the coming quarters.
The latest results provide shareholders and market participants with an updated picture of the bank’s financial position and earnings performance as it moves towards the end of 2026.
