JS Bank Reports Profit After Tax of PKR 1.045 Billion Q1 2026

JS Bank Limited (PSX: JSBL) today announced its financial results for the quarter ended March 31, 2026, reporting a Profit before tax of PKR 2.175 billion and Profit after tax of PKR 1.045 billion, translating into Earnings Per Share (EPS) of PKR 0.51.

JS Bank’s balance sheet showed moderate growth, with total assets reported at PKR 682.877 billion, reflecting a 4% increase over December 2025. The growth in total assets was primarily driven by investments, which increased by PKR 89.076 billion on a net basis from December 2025. The Bank’s deposit base remained stable at PKR 544.898 billion. More importantly, the Bank’s non-remunerative deposit mix continued to remain over 40%.

Improved recoveries against non-performing loans in the current quarter further aided bottom line profitability, as the bank reported a net reversal of PKR 78.428 million for the current period as against a charge of PKR 742.336 for the corresponding period last year. Operating expenses were kept in check, growing by 4% year on year.

Commenting on the results, Basir Shamsie, President & CEO of JS Bank stated, “JS Bank continues to invest in areas that drive real economic growth, particularly SME and other priority sectors, where we remain among the leading contributors. The first quarter reflects steady growth, while our focus remains on maintaining a strong and low-cost deposit mix.”