Meezan Bank H1 profit rises 3%, declares Rs8 dividend

Meezan Bank Limited (PSX: MEBL) recorded a 3% increase in its consolidated net profit for the six months ended June 30, 2026, with profit after taxation climbing to Rs48.64bn from Rs47.14bn in the corresponding period last year. Showing this steady bottom-line growth, the bank's basic earnings per share (EPS) expanded to Rs26.71 from Rs25.97 in 1HFY25, while diluted EPS rose to Rs26.54 from Rs25.81. The Board of Directors has declared an interim cash dividend of Rs8.00 per share (80%) for the half year ended June 30, 2026. This is in addition to the interim dividend of Rs7.50 per share (75%) already paid. Total income grew 6% year-on-year to Rs153.02bn from Rs144.18bn in the prior period.