NBP Ranks Second with $1.52B Market Cap

KARACHI: The National Bank of Pakistan (NBP) concluded trading on September 30, 2025, with a market capitalization of $1,515,725,602, securing its position as the second-largest bank in Pakistan by market value.

With over 2.127 billion paid-up shares traded at Rs200.46, NBP surpassed MCB ($1.486 billion) and HBL ($1.450 billion), while UBL retained its lead with a market capitalization of $3.34 billion.

During an Analysts’ Meet & Greet session, NBP management announced plans to boost dividend payouts to prevent overcapitalization and optimize Return on Equity (ROE). The bank aims to maintain sustainable payout ratios of 70–80%, consistent with its 2011–2017 average of approximately 80%.

In 2024, NBP declared a dividend of Rs8 per share, reflecting an 80% payout ratio. Market expectations for the next payout are at 50%, but management hinted at a potential increase.

Per the NBP Act, dividends can only be declared with year-end results and require approval from the Board of Directors.