⚡ Flash Summary
Samba Bank Limited (SBL) reported its Q3 2025 financial results, revealing a decrease in profitability compared to the same quarter last year. Net profit after taxation declined to PKR 286.877 million from PKR 103.663 million. This decline was driven by a decrease in total income from PKR 2.206 billion to PKR 1.890 billion. The bank did not announce any cash dividend, bonus shares, or right shares.
📌 Key Takeaways
- 📉 Profit after taxation decreased significantly to PKR 286.877 million in Q3 2025 compared to PKR 103.663 million in Q3 2024.
- 📉 Total income declined from PKR 2.206 billion to PKR 1.890 billion year-over-year.
- ⚠️ Net mark-up/return/interest income decreased to PKR 1.361 billion from PKR 1.779 billion.
- ⚠️ Non-mark-up/interest income increased to PKR 527.780 million from PKR 426.897 million.
- 📊 Operating expenses decreased slightly to PKR 1.358 billion from PKR 1.383 billion.
- 🚫 No cash dividend was announced for the quarter ended September 30, 2025.
- 🚫 No bonus shares were announced for the quarter.
- 🚫 No right shares were announced for the quarter.
- 💸 Basic and diluted earnings per share decreased to PKR 0.28 from PKR 0.30.
- 🏦 Total assets increased to PKR 231.978 billion as of September 30, 2025, compared to PKR 182.485 billion as of December 31, 2024.
- liabilities also increased from PKR 165.260 billion to PKR 213.709 billion.
🎯 Investment Thesis
Based on the Q3 2025 results, a SELL recommendation is warranted for Samba Bank. The decline in profitability, reduced EPS, and increased liabilities present significant concerns. The price target is PKR 7.00, with a time horizon of 6 months, reflecting the expectation of continued underperformance compared to its peers.
Disclaimer: AI-generated analysis. Not financial advice.