BOP Announces Profit Growth in Q1 2025
The Bank of Punjab (BOP) has revealed a 6% surge in its profit after tax (PAT) for the first quarter of 2025, compared to the corresponding period last year. The consolidated financial results were shared with the Pakistan Stock Exchange (PSX) on Tuesday.
During January-March 2025, BOP’s PAT reached Rs1.79 billion, an increase from Rs1.69 billion during January-March 2024.
The bank’s earnings per share (EPS) were recorded at Re0.53 per share for the quarter, up from Re0.50 previously.
BoP attains peak profitability, revealing a noteworthy cash dividend.
The net interest income for BOP during the period amounted to Rs15.05 billion, a substantial 75% rise from the Rs8.58 billion reported in the same timeframe of the prior year.
The foreign exchange income experienced growth, rising from Rs207.50 million to Rs577.06 million during the quarter.
Overall, BOP’s total income demonstrated a 60% climb to Rs19.56 billion in Jan-March 2025, from a previous Rs12.25 billion during the equivalent period last year.
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