The Board of Directors of Meezan Bank has approved the financial statements of the Bank for the quarter ended March 31, 2026. The meeting was chaired by Mr. Riyadh S.A.A. Edrees Chairman of the Board.
Strong Profitability and Shareholder Returns
The Bank reported quarterly Profit After Tax of Rs 23.4 billion, registering a 6% growth over March 2025. This resulted in an annualized Return on Equity of 34%, reflecting Meezan Bank’s focus on enhancing shareholder value.
Dividend Declaration and Payout
The Board of Directors has approved an interim cash dividend of 75% (Rs 7.50 per share). This payout underscores the bank’s commitment to consistent shareholder rewards amidst steady financial growth.
Robust Deposit Growth and Market Position
Retail deposit growth drove a 10% increase, taking total deposits to Rs 3.6 trillion and reinforcing Meezan Bank’s position among one of the largest banks in Pakistan by deposits. Total assets remained stable at Rs 4.79 trillion since the start of the year.