Commercial Bank

National Bank Share Price — CY2025 Financial Results

NBP's record CY2025 profit, EPS, and highest-ever dividend, explained with sourced figures.

• PSX: NBP
• CY2025 Record Profit
• Q1 2026 Updated
• AAA/A-1+ Rated

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University) · Last updated: August 24, 2026

National bank share price moves are closely tied to NBP's status as Pakistan's most capitalized bank and a KSE-100 index component. This page summarizes NBP's CY2025 audited results — the numbers behind the stock — sourced directly from NBP's PSX filings and official results announcement.

National Bank Share Price: CY2025 Results at a Glance

Profit After Tax

PKR 85.91 billion

Pre-Tax Profit

PKR 178.9 billion

EPS

Rs 40.38

Final Dividend

Rs 35/share (350%)

Total Assets

PKR 7.1 trillion

Net Asset Value

PKR 531.42 billion

Capital Adequacy Ratio

26.21%

Stock Ticker

PSX: NBP

All figures confirmed from NBP's official CY2025 results announcement and its PSX-filed Annual Report 2025 (audited unconsolidated financial statements, dated February 24, 2026).

What Drove the Record Year

NBP's profit after tax surged roughly 3.2 times year-on-year, from PKR 26.87 billion in CY2024 to PKR 85.91 billion in CY2025. The bank attributed this to a sharp reduction in its cost of funds — down to 8.8% — alongside disciplined balance-sheet management and prudent risk controls during a normalizing interest-rate environment. Net mark-up and interest income rose 45% to PKR 248.51 billion, even as gross mark-up income itself declined, because interest expense fell even faster than interest income.

NBP also confirmed it contributed PKR 93.0 billion in income taxes during 2025, describing itself as "one of the most sustainable public sector enterprises in Pakistan" — with the Government of Pakistan and State Bank of Pakistan together set to receive approximately PKR 57.0 billion of the CY2025 dividend given their majority ownership stake.

Ratio Snapshot

Ratio data confirmed from NBP's Annual Report 2025 (Directors' Report to the Members, "Capital Adequacy & Strength" section) and PACRA's official credit rating press release (June 2025). NBP's D-SIB-adjusted minimum reflects SBP's designation of NBP into D-SIB "Bucket D" (2.50% additional CET-1 requirement, effective March 31, 2026, up from 1.50% previously), layered on top of the general ~11.5% minimum CAR applicable to all Pakistani banks.

The Four-Year Trend: EPS vs. Dividend

A single year's numbers don't show the pattern. Zooming out to CY2022–CY2025 tells a sharper story than "record profit" alone: NBP's earnings per share actually swung up and down for three straight years before this year's jump, and the board held off on any dividend at all for two of those years — even through 2023's then-record profit — before resuming with a modest payout in 2024 and then a record one in 2025.

EPS figures for CY2022–CY2025 confirmed from the Pakistan Stock Exchange's official NBP company page (dps.psx.com.pk/company/NBP). Dividend figures and ex-dividend dates cross-checked across multiple financial data providers; the CY2022 and CY2023 nil-dividend years independently confirmed by contemporaneous news coverage of NBP's PSX results notices (Business Recorder, ProPakistani, The News), including on-the-record confirmation that the board "did not recommend any cash dividend" for CY2023 despite that year's then-record profit.

Q1 2026 Quarterly Update

Profit cooled off in the first quarter of FY2026. NBP posted a standalone profit after tax of PKR 16.72 billion for Q1'26, down 22.0% from PKR 21.45 billion a year earlier. The reason: the State Bank cut the policy rate from 22% to 10.5% over the past year, and NBP's government-securities book repriced down faster than its deposit costs did.

Q1 2026 Profit After Tax

PKR 16.72 billion

Q1 2026 EPS

Rs 7.86

Q1 2026 Net Interest Margin

2.9%

Total Assets (Mar 31, 2026)

PKR 7.18 trillion

Total Deposits (Mar 31, 2026)

PKR 4.11 trillion

Capital Adequacy Ratio (Mar 31, 2026)

21.57%

Net interest income dropped to PKR 52.0 billion, from PKR 69.6 billion in Q1'25. Yield on earning assets fell to 11.05% (from 13.95%); the cost of funds fell too, but more slowly — down to 8.16% from 9.73%. On the credit side, the bank actually booked a net reversal of PKR 3.5 billion in provisions this quarter, versus a PKR 6.4 billion charge a year ago, so asset quality isn't the concern here — margin compression is. Capital Adequacy Ratio came in at 21.57% (Tier-1: 16.74%), down from 26.21% at year-end 2025 mostly because of a smaller revaluation surplus on investments and the CY2025 dividend payout going out the door. Still well clear of the regulatory floor. Liquidity stayed comfortable too: LCR at 199%, NSFR at 153%, both roughly double the 100% minimum.

Q1 2026 figures confirmed from NBP's Unconsolidated Condensed Interim Financial Statements for the three-month period ended March 31, 2026 (un-audited, authorised for issue April 29, 2026).

Where to Check the Live Price

For real-time NBP share price movement, check the Pakistan Stock Exchange's official NBP company page directly, since prices update continuously during trading hours and any snapshot here would be stale within minutes.

Reading NBP's Results in Context

A profit jump of 3.2 times in a single year sounds dramatic on its own, but it's worth reading against the backdrop of Pakistan's broader macroeconomic stabilization through 2025 — falling interest rates reduced the cost of funds for every bank, not just NBP, and NBP's specific gain came from its cost of funds dropping faster than its interest income. That's a structural improvement in efficiency, distinct from one-off gains like an asset sale, which is part of why NBP framed 2025 as reflecting "strategic agility" rather than a windfall.

The record dividend is also notable in scale: at roughly PKR 75 billion in total payout, it's described by NBP itself as the best dividend payout by any bank in Pakistan to date. Because the Government of Pakistan and State Bank of Pakistan hold the majority stake, the bulk of that payout — around PKR 57 billion — flows back to the state rather than private shareholders, which is a direct financial consequence of NBP's majority state-ownership structure discussed on our NBP overview page.

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For independent verification, see State Bank of Pakistan, Pakistan Stock Exchange, National Bank of Pakistan.