Karachi, October 28, 2026 — JS Bank Limited (PSX: JSBL) today announced its financial results for the nine months ended September 30, 2026, reporting a Profit Before Tax of PKR 8.932 billion, up 58% compared to PKR 5.665 billion for the same period last year. Profit After Tax grew 67% to PKR 4.300 billion from PKR 2.569 billion, driving Earnings Per Share (EPS) up to PKR 2.10 from PKR 1.25.
JS Bank’s balance sheet continued to demonstrate robust growth, with total assets expanding by 12% to reach PKR 733.719 billion compared to PKR 655.636 billion at the end of December 2025. The Bank’s total deposit base also exhibited solid momentum, growing by 10% to close at PKR 598.123 billion from PKR 543.502 billion in December 2025. This growth was supported by a strategic focus on low-cost deposits, with the non-remunerative deposit mix further strengthening to 43.35%, up from 40.87% at December 2025, helping sustain core earnings amid dynamic market conditions.
Operational performance was further supported by diversified revenue streams, as fee income improved by 4.34% to PKR 3.828 billion. Concurrently, strict cost discipline kept non-markup expenses tightly managed, rising by just 3.3% to PKR 23.152 billion.
In another positive development, the Bank successfully closed its sixth Tier-2 Term Finance Certificate (TFC) issue worth PKR 4 billion. With this capital enhancement, the Bank’s Capital Adequacy Ratio (CAR) now stands at a 13.30%.
The Bank also recorded a significant net reversal in credit loss allowances of PKR 1.733 billion during the nine-month period, reflecting strengthened risk management and asset recoveries, compared to a net charge of PKR 3.182 billion recognized in the corresponding period last year.
Sharing his views on the results President & CEO of JS Bank, Basir Shamsie said “Our nine-month performance reflects the steady progress we are making in further strengthening JS Bank’s financial position and growing our core business. The growth in profitability and deposits, supported by a stronger low-cost deposit mix and disciplined cost management, is encouraging. We will are focused on sustainable growth, improving customer experience, and supporting the financing needs of key sectors of Pakistan’s economy.”