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Faysal Bank reported a profit of Rs23.89 billion for the year 2024, which is 18% higher than the previous year. This strong financial performance was mainly due to an increase in total income and higher earnings from fees and commissions.
The banks total income grew by 19.07%, while its income from fees and commissions rose significantly by 35.86%. As a result of this impressive growth, Faysal Bank announced a cash dividend of Rs2.5 per share for its shareholders, in addition to the interim dividends that were paid earlier. This reflects the banks continued commitment to rewarding its investors while maintaining steady growth.
