Reported Earnings • May 05
First quarter 2026 earnings released: EPS: PK₨0.82 (vs PK₨2.36 in 1Q 2025) First quarter 2026 results: EPS: PK₨0.82 (down from PK₨2.36 in 1Q 2025). Revenue: PK₨10.4b (down 18% from 1Q 2025). Net income: PK₨903.9m (down 65% from 1Q 2025). Profit margin: 8.7% (down from 21% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Apr 18
BankIslami Pakistan Limited to Report Q1, 2026 Results on Apr 24, 2026 BankIslami Pakistan Limited announced that they will report Q1, 2026 results on Apr 24, 2026 Buy Or Sell Opportunity • Mar 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to PK₨23.95. The fair value is estimated to be PK₨30.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 5.8%. Upcoming Dividend • Mar 10
Upcoming dividend of PK₨1.25 per share Eligible shareholders must have bought the stock before 17 March 2026. Payment date: 17 April 2026. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Pakistani dividend payers (9.0%). Higher than average of industry peers (8.1%). Buy Or Sell Opportunity • Mar 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to PK₨24.01. The fair value is estimated to be PK₨30.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 5.8%. New Risk • Mar 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: PK₨27.7b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (PK₨27.7b market cap, or US$98.9m). Declared Dividend • Feb 20
Final dividend of PK₨1.25 announced Dividend of PK₨1.25 is the same as last year. Ex-date: 19th March 2026 Payment date: 17th April 2026 Dividend yield will be 9.6%, which is lower than the industry average of 14%. Sustainability & Growth The dividend has increased by an average of 40% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 19
BankIslami Pakistan Limited, Annual General Meeting, Mar 27, 2026 BankIslami Pakistan Limited, Annual General Meeting, Mar 27, 2026. Location: at zaver hall, pearl continental, club road, karachi Pakistan Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: PK₨5.41 (vs PK₨10.67 in FY 2024) Full year 2025 results: EPS: PK₨5.41 (down from PK₨10.67 in FY 2024). Revenue: PK₨45.8b (down 4.8% from FY 2024). Net income: PK₨6.00b (down 49% from FY 2024). Profit margin: 13% (down from 25% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 11
BankIslami Pakistan Limited to Report Q4, 2025 Results on Feb 18, 2026 BankIslami Pakistan Limited announced that they will report Q4, 2025 results on Feb 18, 2026 Buy Or Sell Opportunity • Nov 27
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to PK₨30.86. The fair value is estimated to be PK₨25.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: PK₨0.70 (vs PK₨2.84 in 3Q 2024) Third quarter 2025 results: EPS: PK₨0.70 (down from PK₨2.84 in 3Q 2024). Revenue: PK₨9.98b (down 17% from 3Q 2024). Net income: PK₨664.3m (down 79% from 3Q 2024). Profit margin: 6.7% (down from 26% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Oct 29
Now 22% overvalued Over the last 90 days, the stock has fallen 8.3% to PK₨31.20. The fair value is estimated to be PK₨25.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 35%. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨31.20, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 330% over the past three years. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨42.88, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 464% over the past three years. Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Kalim Ur-Rahman was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 03
Second quarter 2025 earnings released: EPS: PK₨1.62 (vs PK₨3.46 in 2Q 2024) Second quarter 2025 results: EPS: PK₨1.62 (down from PK₨3.46 in 2Q 2024). Revenue: PK₨11.6b (down 10% from 2Q 2024). Net income: PK₨1.80b (down 53% from 2Q 2024). Profit margin: 16% (down from 30% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨38.49, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total returns to shareholders of 383% over the past three years. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Aug 11
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 74% to PK₨34.33. The fair value is estimated to be PK₨27.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 48%. Buy Or Sell Opportunity • Jul 01
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 73% to PK₨37.52. The fair value is estimated to be PK₨30.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 48%. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨33.74, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 303% over the past three years. Announcement • Jun 21
Bankislami Pakistan Limited Announces Resignation of Ali Hussain as Non-Executive Director BankIslami Pakistan Limited announced that Mr. Ali Hussain (Non-Executive Director) has resigned from the directorship of the company. The casual vacancy will be filled in due course. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to PK₨27.99, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 241% over the past three years. Reported Earnings • Apr 23
First quarter 2025 earnings released: EPS: PK₨2.36 (vs PK₨2.90 in 1Q 2024) First quarter 2025 results: EPS: PK₨2.36 (down from PK₨2.90 in 1Q 2024). Revenue: PK₨12.8b (up 13% from 1Q 2024). Net income: PK₨2.61b (down 19% from 1Q 2024). Profit margin: 21% (down from 28% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 11
Full year 2024 earnings released: EPS: PK₨10.67 (vs PK₨9.57 in FY 2023) Full year 2024 results: EPS: PK₨10.67 (up from PK₨9.57 in FY 2023). Revenue: PK₨48.1b (up 32% from FY 2023). Net income: PK₨11.8b (up 12% from FY 2023). Profit margin: 25% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses. Cost-to-income ratio: 44.6% (up from 38.1% in FY 2023). Non-performing loans: 7.50% (down from 9.07% in FY 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Feb 28
BankIslami Pakistan Limited, Annual General Meeting, Mar 27, 2025 BankIslami Pakistan Limited, Annual General Meeting, Mar 27, 2025. Location: at zaver hall, pearl continental, club road, karachi Pakistan Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: PK₨2.84 (vs PK₨3.03 in 3Q 2023) Third quarter 2024 results: EPS: PK₨2.84 (down from PK₨3.03 in 3Q 2023). Revenue: PK₨12.0b (up 13% from 3Q 2023). Net income: PK₨3.14b (down 6.3% from 3Q 2023). Profit margin: 26% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: PK₨3.47 (vs PK₨2.98 in 2Q 2023) Second quarter 2024 results: EPS: PK₨3.47 (up from PK₨2.98 in 2Q 2023). Revenue: PK₨12.8b (up 41% from 2Q 2023). Net income: PK₨3.85b (up 16% from 2Q 2023). Profit margin: 30% (down from 37% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 29
Upcoming dividend of PK₨1.50 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 8.5%. Lower than top quartile of Pakistani dividend payers (12%). Lower than average of industry peers (15%). Announcement • Aug 21
BankIslami Pakistan Limited to Report First Half, 2024 Results on Aug 26, 2024 BankIslami Pakistan Limited announced that they will report first half, 2024 results on Aug 26, 2024 Reported Earnings • Mar 12
Full year 2023 earnings released: EPS: PK₨9.57 (vs PK₨4.05 in FY 2022) Full year 2023 results: EPS: PK₨9.57 (up from PK₨4.05 in FY 2022). Revenue: PK₨36.6b (up 82% from FY 2022). Net income: PK₨10.6b (up 137% from FY 2022). Profit margin: 29% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨25.90, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 122% over the past three years. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨21.88, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 152% over the past three years. Upcoming Dividend • Oct 27
Upcoming dividend of PK₨1.75 per share at 5.4% yield Eligible shareholders must have bought the stock before 03 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (14%). New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (PK₨19.5b market cap, or US$69.8m). Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨16.05, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨12.85, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨9.38, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨10.59, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total loss to shareholders of 4.8% over the past three years. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Tasnim ul Farooqui was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Tasnim ul Farooqui was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨12.67, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total returns to shareholders of 4.3% over the past three years. Reported Earnings • Mar 05
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: PK₨1.75 (up from PK₨1.31 in FY 2020). Revenue: PK₨12.8b (up 12% from FY 2020). Net income: PK₨1.94b (up 33% from FY 2020). Profit margin: 15% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS PK₨0.63 (vs PK₨0.55 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨3.41b (up 8.7% from 3Q 2020). Net income: PK₨693.3m (up 16% from 3Q 2020). Profit margin: 20% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 20% share price gain to PK₨12.34, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total loss to shareholders of 2.4% over the past three years. Executive Departure • Aug 28
Non-Executive Director Siraj Dadabhoy has left the company On the 25th of August, Siraj Dadabhoy's tenure as Non-Executive Director ended after 5.2 years in the role. As of June 2021, Siraj still personally held only 5.50k shares (PK₨42k worth at the time). Siraj is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.71 years. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS PK₨0.54 (vs PK₨0.57 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: PK₨3.37b (down 3.1% from 2Q 2020). Net income: PK₨581.0m (down 7.7% from 2Q 2020). Profit margin: 17% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS PK₨0.36 (vs PK₨0.28 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: PK₨2.84b (up 3.9% from 1Q 2020). Net income: PK₨404.5m (up 31% from 1Q 2020). Profit margin: 14% (up from 11% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨11.80, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 8.7% over the past three years. Announcement • Mar 10
BankIslami Pakistan Limited, Annual General Meeting, Mar 30, 2021 BankIslami Pakistan Limited, Annual General Meeting, Mar 30, 2021, at 10:30 Pakistan Standard Time. Location: 10th floor, Progressive Square, Shahra-e-Faisal Karachi Pakistan Agenda: To confirm minutes of the 16th Annual General Meeting of the Bank held on March 25, 2020, Minutes of Extraordinary General Meeting of the Bank held on May 07, 2020 and Minutes of Extraordinary General Meeting of the Bank held on February 11, 2021; to receive, consider and adopt the Annual Audited Accounts of the Bank and Consolidated Audited Accounts of the Bank for the year ended December 31, 2020 together with the Auditors' and Directors' Report and Chairman's Review thereon; to appoint Auditors of the Bank for the year ending December 31, 2021 and to fix their remuneration; and to consider other business. Is New 90 Day High Low • Mar 09
New 90-day low: PK₨10.41 The company is down 1.0% from its price of PK₨10.50 on 09 December 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Banks industry, which is down 3.0% over the same period. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS PK₨1.31 (vs PK₨1.10 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: PK₨11.5b (up 20% from FY 2019). Net income: PK₨1.45b (up 29% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨14.02, the stock is trading at a trailing P/E ratio of 9.2x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 5x in the Banks industry in Pakistan. Total returns to shareholders over the past three years are 41%. Is New 90 Day High Low • Jan 05
New 90-day high: PK₨12.59 The company is up 23% from its price of PK₨10.27 on 07 October 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: PK₨11.55 The company is up 6.0% from its price of PK₨10.90 on 22 September 2020. The Pakistani market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Banks industry, which is also up 6.0% over the same period.