Bank Alfalah Limited (BAFL) Financial Statements, Ratios & Dividends
About
Bank Alfalah Ltd. operates as a holding company. The firm engages in the provision of commercial banking and related services. It operates through the following segments: Retail Banking, Corporate Banking, Treasury, Digital Banking, Islamic Banking, International Operations, Brokerage, and Others. The Retail banking segment includes loans, deposits, trading activity, wealth management and other banking transactions. The Corporate Banking segment comprises loans, deposits, project financing, trade financing, investment banking and other banking activities with bank's corporate and public sector customers. The Treasury segment consists of liquidity management activities carried out through borrowing, lending, money market, capital market and merchant banking operations. The Digital Banking segment composes branchless banking accounts, deposits and lending products, digital channels, corporate, G2P and SMME portfolio, digital payments and digital products. The Islamic Banking segment pertains to full scale Islamic Banking operations of the bank. The International Operations segment encompasses amounts related to bank's overseas operations, namely, commercial banking activities in Bangladesh, Afghanistan, United Arab Emirates and wholesale banking activities in the Kingdom of Bahrain. The Brokerage segment handles asset management activities mainly through the subsidiary Alfalah CLSA Securities Limited. The Others segment covers the head office related activities. The company was founded on June 21, 1992 and is headquartered in Karachi, Pakistan.
Financial Highlights
| FY2025 | FY2024 | ||
|---|---|---|---|
| Revenue | 400.52B | 545.92B | |
| Net Income | 27.84B | 39.85B | |
| EPS | 8.82 | 12.63 | |
| ROE | 14.61% | 24.81% | |
| ROA | 0.74% | 1.13% | |
| Net Margin | 15.51% | 24.07% | |
| Current Ratio | 0.15 | 0.15 | |
| DPS | 5.25 | 4.25 | |
| Free Cash Flow | -244.51B | 276.10B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Total Interest Income | 359.75B | 508.45B | |
| Total Interest Expense | -221.07B | -380.34B | |
| Net Interest Income | 138.69B | 128.11B | |
| Loan Loss Provision | -2.90B | -1.23B | |
| Net Interest Income after LLP | 135.78B | 126.88B | |
| Non-Interest Income | 40.76B | 37.47B | |
| Commissions & Fees | 15.84B | 17.45B | |
| Foreign Exchange Income | 12.42B | 9.55B | |
| Non-Interest Expense | -116.35B | -80.37B | |
| Labor & Personnel | -50.08B | -39.78B | |
| Total Revenue | 400.52B | 545.92B | |
| Operating Income | 60.20B | 83.98B | |
| Pre-Tax Income | 60.67B | 84.01B | |
| Income Tax | -34.09B | -45.38B | |
| Minority Interest | 0 | -9.68M | |
| Net Income | 27.84B | 39.85B | |
| EPS (Basic) | 8.82 | 12.63 | |
| EPS (Diluted) | 8.82 | 12.63 | |
| Non-Interest Income / Revenue | 22.71% | 22.63% | |
| Operating Margin | 33.55% | 50.72% | |
| Net Margin | 15.51% | 24.07% | |
| Pre-Tax Margin | 15.15% | 15.39% |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Regulatory Capital | |||
| CET1 Ratio | 11.24% | 12.74% | |
| Tier 1 Capital Ratio | 12.23% | 13.92% | |
| Tier 2 Capital Ratio | 3.46% | 3.84% | |
| Total Capital Ratio | 15.69% | 17.76% | |
| Tier 1 Capital | 167.79B | 160.29B | |
| Risk-Weighted Assets | 1.37T | 1.15T | |
| Asset Quality | |||
| Non-Performing Loans | 47.54B | 42.36B | |
| NPL Ratio (NPL/Gross Loans) | 0.04% | 0.04% | |
| Loan Loss Coverage | -0.10% | -0.08% | |
| NPL / Loan Loss Reserve | 0.98 | 0.90 | |
| Reserve / Gross Loans | 0.04% | 0.04% | |
| Profitability | |||
| Return on Equity (ROE) | 14.61% | 24.81% | |
| Return on Assets (ROA) | 0.74% | 1.13% | |
| Operating Margin | 33.55% | 50.72% | |
| Net Margin | 15.51% | 24.07% | |
| Yield on Earning Assets | 10.99% | 16.49% | |
| Interest Income / Deposits | 6.79% | 6.92% | |
| Deposit & Loan Structure | |||
| Deposits / Total Assets | 0.57% | 0.51% | |
| Loans / Deposits (ADR) | 0.54% | 0.63% | |
| Loans / Total Assets | 0.31% | 0.32% | |
| Equity / Deposits | 0.09% | 0.10% | |
| Cash / Deposits | 1.10% | 1.23% | |
| CASA Ratio | 0.43% | 0.43% | |
| Per Share | |||
| Book Value Per Share | 63.47 | 57.50 | |
| Tangible Book Per Share | 62.92 | 57.00 | |
| Shares & Market | |||
| Total Shares Outstanding | 3,154,330,238 | 3,154,330,238 | |
| Market Cap | 171.99B | 131.43B | |
| Enterprise Value | 1.12T | 1.34T | |
| Employees | 17,543 | 16,563 | |
| Shareholders | 14,478 | 14,478 | |
| FY2025 | FY2024 | ||
|---|---|---|---|
| Dividends Per Share | 5.25 | 4.25 | |
| Dividend Yield | 9.63% | 10.20% | |
| Payout Ratio | 59.49% | 33.64% | |
| Total Dividends Paid | -15.72B | -23.21B |
| FY2025 | FY2024 | ||
|---|---|---|---|
| P/E Ratio | 6.18 | 3.30 | |
| P/B Ratio | 0.86 | 0.72 | |
| P/S Ratio | 0.96 | 0.79 | |
| P/CF Ratio | — | 0.44 | |
| Market Cap | 171.99B | 131.43B | |
| Enterprise Value | 1.12T | 1.34T |
| TTM | ||
|---|---|---|
| Income | ||
| Revenue | 396.94B | |
| Operating Income | 70.41B | |
| Net Income | 33.87B | |
| Free Cash Flow | 388.67B | |
| EPS (Basic) | 10.38 | |
| Margins | ||
| Operating Margin | 36.31% | |
| Net Margin | 17.47% | |
| Returns | ||
| Return on Equity (ROE) | 17.51% | |
| ROIC | 0.06% | |
| Coverage & Debt | ||
| Dividend Coverage | 4.28 | |
| Debt / Revenue | 2.81 | |
| Valuation & Scores | ||
| P/E (TTM) | 5.42 | |
| Sloan Ratio | 10.16 | |
| Zmijewski Score | 1.03 | |
Computed Metrics (Latest Period)
| FY2025 | ||
|---|---|---|
| Extended Returns | ||
| Return on Common Equity | 14.61% | |
| Return on Tangible Equity | 14.74% | |
| Return on Tangible Assets | 0.74% | |
| Return on Total Capital | 4.02% | |
| ROCE | 5.05% | |
| Growth | ||
| EPS Diluted Growth | -0.30% | |
| Sustainable Growth Rate | 5.92% | |
| Quality & Risk Scores | ||
| Zmijewski Score | 1.01 | |
| Sloan Ratio | 8.94 | |
| Valuation (Computed) | ||
| Graham Number | 112.26 | |
| Tobin's Q Ratio | 0.04 | |
| Leverage & Coverage | ||
| Total Debt / Capital | 0.85% | |
| Assets / Equity (Leverage) | 19.16 | |
| Effective Interest Rate | 1.65% | |
| Debt / Revenue | 2.94 | |
| Efficiency (Computed) | ||
| Fixed Asset Turnover | 4.29 | |
| Dividends (Computed) | ||
| Dividend Coverage | 3.44 | |
| Share Buyback Ratio | 0.00 | |
| Per Employee | ||
| Revenue / Employee | 10.23M | |
| Net Income / Employee | 1.59M | |
| Oper. Income / Employee | 3.43M | |
| Total Assets / Employee | 218.61M | |
| Balance Sheet (Computed) | ||
| Earnings Schedule | ||
| Next Earnings Date | 4 Feb 2027 | |
| Next Fiscal Period | 2026 | |