$BAFL Bank Al-Falah Limited (BAFL): 3QCY25 Result Review – By Taurus Research
$BAFL
Bank Alfalah Limited
Rs. 56.73
-0.19%
- 3QCY25 EPS: PKR 4.0. 3QCY25 PAT down 52%YoY. 9MCY25 EPS: PKR 13.6; 9MCY25 PAT down 39%YoY over the SPLY. Additionally, BAFL also announced an interim dividend of PKR 2.5/sh. (9MCY25 DPS: PKR 7.5).
- Net Interest Income (NII): Down 14%YoY/1%QoQ. This can be attributed to the unwinding of the Bank’s OMO positions as well as the sales of investments for booking capital gains, along with the decline in yields due to the re-pricing of assets.
- Non-Markup Income (NMI): Down 14%YoY/23%QoQ. Largely due to the substantial QoQ decrease in capital gains and marginal uptick in fee income. However, income from foreign exchange activity was up 12% over the previous quarter.