Bank Alfalah Limited (PSX:BAFL)

Bank Alfalah Income Statement

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	386,464	507,120	412,005	214,106	100,412	92,623
Interest Income on Investments	2,221	1,328	1,023	1,091	492.3	313.53
Total Interest Income	388,686	508,448	413,028	215,197	100,904	92,937
Interest Paid on Deposits	255,268	380,338	286,053	136,933	54,148	47,929
Net Interest Income	133,418	128,110	126,975	78,264	46,756	45,008
Net Interest Income Growth (YoY)	-0.13%	0.89%	62.24%	67.39%	3.88%	-0.51%
Gain (Loss) on Sale of Assets	74.59	136.52	145.03	111.97	53.35	67.31
Gain (Loss) on Sale of Investments	15,483	14,021	295.74	-65.02	3,144	2,285
Gain (Loss) on Sale of Equity Investments	1,437	1,233	1,691	669.83	573.25	612.62
Other Non-Interest Income	28,335	28,993	27,466	20,821	12,658	10,212
Total Non-Interest Income	45,331	44,383	29,597	21,538	16,428	13,177
Non-Interest Income Growth (YoY)	3.88%	49.96%	37.42%	31.11%	24.67%	23.82%
Revenues Before Loan Losses	178,748	172,493	156,572	99,802	63,184	58,185
Provision for Loan Losses	1,989	249.76	10,325	12,467	2,375	7,589
Revenue	176,760	172,244	146,247	87,335	60,808	50,595
Revenue Growth (YoY)	0.51%	17.78%	67.45%	43.62%	20.19%	-4.27%
Salaries and Employee Benefits	1,420	1,697	1,715	907.44	498.44	494.43
Selling, General & Administrative	19,389	7,858	6,898	4,427	2,877	2,467
Other Non-Interest Expense	90,195	76,761	58,696	45,306	33,545	29,247
Total Non-Interest Expense	112,078	87,039	67,671	50,833	37,063	32,208
EBT Excluding Unusual Items	64,682	85,205	78,577	36,503	23,746	18,388
Asset Writedown	-21.47	-21.47	-	-	63.57	-
Other Unusual Items	73.83	63.75	161.12	174.86	97.25	55.55
Pretax Income	64,734	85,247	78,738	36,677	23,907	18,443
Income Tax Expense	38,603	45,384	42,651	18,280	9,446	7,600
Earnings From Continuing Operations	26,131	39,863	36,086	18,397	14,460	10,843
Earnings From Discontinued Operations	-73.58	-	-	-	-	-
Minority Interest in Earnings	-5.04	-9.68	425.1	-2.7	-23.76	-11.11
Net Income	26,052	39,854	36,511	18,395	14,437	10,832
Net Income to Common	26,052	39,854	36,511	18,395	14,437	10,832
Net Income Growth	-41.12%	9.15%	98.49%	27.42%	33.28%	-16.98%
Basic Shares Outstanding	1,577	1,577	1,577	1,773	1,777	1,777
Diluted Shares Outstanding	1,577	1,577	1,577	1,773	1,777	1,777
Shares Change (YoY)	-	-	-11.03%	-0.25%	-	0.05%
EPS (Basic)	16.52	25.27	23.15	10.38	8.12	6.10
EPS (Diluted)	16.52	25.27	23.15	10.38	8.12	6.10
EPS Growth	-41.12%	9.15%	123.09%	27.74%	33.28%	-17.02%
Dividend Per Share	10.000	8.500	8.000	5.000	4.000	4.000
Dividend Growth	-9.09%	6.25%	60.00%	25.00%	-	-
Effective Tax Rate	59.63%	53.24%	54.17%	49.84%	39.51%	41.21%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.