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capitalstake.com. Provided by * Returns not adjusted for payouts
^The historical stock prices have been adjusted to reflect stock splits to ensure comparability over time.
Company Profile
First National Bank Modaraba is a multi-purpose, perpetual and multidimensional Modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and Rules framed thereunder. The Modaraba is managed by National Bank Modaraba Management Company Limited. It is engaged in various Islamic modes of financing and operations including ijarah, musharaka and murabaha arrangements.
| Shahid Iqbal Choudhri | CEO |
| Muhammad Imran Malik | Chairperson |
| Nadia Jalil (Acting) | Company Secretary |
Hameed Majeed Associates (Pvt.) Limited, H. M. House, 7 – Bank Square, Lahore
Rahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Oct 28, 2026 | Transmission of Quarterly Report for the Period Ended September 30, 2026 | View PDF |
| Oct 26, 2026 | Financial Results for the Quarter Ended September 30, 2026 | View PDF |
| Oct 2, 2026 | Quarterly Progress Report for the Quarter ended September 30, 2026 | View PDF |
| Sep 28, 2026 | Transmission of Annual Report for the Year Ended 30-06-2026 | View PDF |
| Sep 22, 2026 | Financial Results for the Year Ended June 30, 2026 | View PDF |
| Date | Title | Document |
|---|---|---|
| Oct 29, 2026 | Dissemination Of Video Recording Of Corporate Briefing Session | View |
| Oct 26, 2026 | Presentation of Corporate Briefing Session | View PDF |
| Oct 14, 2026 | Notice of Corporate Briefing Session | View PDF |
| Jul 7, 2026 | Appointment of Chairman of the Board | View |
| Jul 1, 2026 | Appointment of Directors | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Total Income | 115,936 | 64,181 | 53,454 | 49,834 |
| Profit after Taxation | 34,759 | 4,101 | 2,609 | 1,110 |
| EPS | 1.39 | 0.16 | 0.10 | 0.04 |
| Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | |
|---|---|---|---|---|
| Total Income | 11,417 | 13,213 | 14,769 | 17,639 |
| Profit after Taxation | 1,094 | (1,578) | (361) | 1,907 |
| EPS | (0.11) | (0.06) | (0.01) | 0.08 |

Ratios
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| EPS Growth (%) | 768.75 | 60.00 | 150.00 | 102.94 |
| PEG | 0.00 | 0.07 | 0.04 | 0.20 |








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