Bank of Punjab Announces Profit Growth for Q1 2025
The Bank of Punjab (BOP) has announced a 6% rise in its profit after tax (PAT) for the quarter concluding on March 31, 2025. This is in comparison to the profit generated during the corresponding period last year, as indicated by the consolidated financial results presented to the Pakistan Stock Exchange (PSX) on Tuesday.
BOP’s PAT reached Rs1.79 billion during January-March 2025, up from Rs1.69 billion during January-March 2024.
The bank’s earning per share (EPS) was recorded at Re0.53 per share for the quarter, in contrast to the previous EPS of Re0.50.
Key Highlights
BoP attains peak profitability and reveals a record cash dividend.
During this time frame, BOP’s net interest income totaled Rs15.05 billion, a substantial 75% increase from the Rs8.58 billion reported in the equivalent period of the prior year.
The foreign exchange income experienced growth, climbing from Rs207.50 million to Rs577.06 million during the quarter.
BOP’s total income saw a 60% surge, escalating to Rs19.56 billion in January-March 2025, from a previous Rs12.25 billion during the same period the previous year.
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