The National Bank of Pakistan (NBP) posted profit-after-tax of Rs12.1 billion in the nine months (January-September) of this calendar year, an increase of 107 per cent compared to the same period last year,according to a press release yesterday.
Pre-tax profit increased by 143pc to Rs18bn for the period under review against Rs7.4bn of the corresponding period last year. While the earnings per share (eps) increased to Rs5.67 against Rs2.74 (restated) of last year.
NBP in third quarter (July-Sept) recorded after-tax-profit of Rs3.9bn, which was again a complete turnaround as compared to Rs97 million profit in the same quarter last year.
Non interest and mark-up income increased by Rs3.9bn or 22pc compared to the corresponding period last year. While fees/commission income registered increase of 6pc despite downward revision in agency commission as lower rate was offset through higher volumes.
