AICLRs 31.0+9.1%BERGRs 36.5-14.4%PRLRs 147.7+44.2%AGLRs 16.9+69.1%KAPCORs 51.5+57.5%SITCRs 52.5-4.6%NMLRs 374.1+210.3%NETSOLRs 5,771.3+29.7%BOPRs 138.7-11.7%PSORs 443.1+105.3%NPLRs 18.7+89.3%FMLRs 288.6+94.9%MARIRs 23.5-11.0%THALLRs 140.6+110.3%NRLRs 61.3-22.3%HBLRs 451.9-6.7%SYSRs 1,566.1+36.2%GATMRs 79.9+33.4%GHGLRs 1,075.6+1.5%FCEPLRs 85.0+61.6%PNSCRs 566.1-42.5%AVNRs 463.8+57.3%FFLRs 135.5+33.3%AGTLRs 159.5-34.9%FEROZRs 274.0+45.3%SRVIRs 38.0+63.0%ILPRs 26.7+20.5%KELRs 71.8+64.8%MLCFRs 1.8-5.9%HTLRs 157.8+46.7%PIOCRs 54.6+58.7%IGIHLRs 98.5-4.8%EFERTRs 76.5+20.3%FFCRs 14.2-30.0%GHNIRs 476.1+34.4%PTCRs 14,713.1+1.5%TPLPRs 2,078.1+10.1%UBLRs 355.3-25.8%ISLRs 171.0+2.7%APLRs 38.3+9.0%ABOTRs 4.4-26.4%PKGSRs 61.2+35.3%FABLRs 263.0-1.9%ATLHRs 10.6-5.5%OGDCRs 71.0+43.4%MTLRs 106.9-27.7%NCLRs 5.7+56.9%UNITYRs 758.2+41.8%LUCKRs 67.7+22.9%KTMLRs 158.5+51.2%SNBLRs 172.8+16.1%BWCLRs 196.5+40.1%CHCCRs 25.0-4.0%ASTLRs 9.1+14.5%ITTEFAQRs 12.3-9.9%AGPRs 30.8-42.3%HINOONRs 61.3-35.9%ENGRORs 68.6+46.4%ATRLRs 26.4+81.9%SHELRs 187.1-5.4%JDWSRs 2.1+20.6%EFUGRs 50.9+44.1%KOHCRs 79.1+42.0%BNWMRs 54.3+62.8%GLAXORs 56.9+14.0%CNERGYRs 49.2-1.8%JSBLRs 377.8-24.1%SEARLRs 21.7-21.2%MCBRs 81.8-4.4%BAFLRs 110.1+14.1%TGLRs 236.2-8.1%NCPLRs 27.7+19.9%AIRLINKRs 81.3+23.7%PAELRs 27.5+77.4%PAKTRs 1.7+3.6%INDURs 74.3-34.6%EPCLRs 17.8-50.1%TRGRs 100.9+18.5%SNGPRs 3.6-7.2%MEBLRs 95.1+11.0%PPLRs 12.0+27.2%POLRs 149.8+69.1%BAHLRs 123.3-17.6%GWLCRs 18.0+9.8%ACPLRs 41.8+19.4%FCCLRs 146.4+6.4%HCARRs 752.9-10.6%NBPRs 173.6-16.9%FATIMARs 237.9+68.5%SSGCRs 12.9+40.7%AKBLRs 268.1-10.1%LOTCHEMRs 65.9-7.3%NATFRs 5.0-57.8%MUGHALRs 76.8-47.2%PSMCRs 514.2-32.5%ICIRs 268.1+5.8%HUBCRs 48.3+16.8%NESTLERs 4.6-50.6%ARPLRs 89.9-12.9%DGKCRs 681.9+39.9%PSELRs 113.5-0.4%AICLRs 31.0+9.1%BERGRs 36.5-14.4%PRLRs 147.7+44.2%AGLRs 16.9+69.1%KAPCORs 51.5+57.5%SITCRs 52.5-4.6%NMLRs 374.1+210.3%NETSOLRs 5,771.3+29.7%BOPRs 138.7-11.7%PSORs 443.1+105.3%NPLRs 18.7+89.3%FMLRs 288.6+94.9%MARIRs 23.5-11.0%THALLRs 140.6+110.3%NRLRs 61.3-22.3%HBLRs 451.9-6.7%SYSRs 1,566.1+36.2%GATMRs 79.9+33.4%GHGLRs 1,075.6+1.5%FCEPLRs 85.0+61.6%PNSCRs 566.1-42.5%AVNRs 463.8+57.3%FFLRs 135.5+33.3%AGTLRs 159.5-34.9%FEROZRs 274.0+45.3%SRVIRs 38.0+63.0%ILPRs 26.7+20.5%KELRs 71.8+64.8%MLCFRs 1.8-5.9%HTLRs 157.8+46.7%PIOCRs 54.6+58.7%IGIHLRs 98.5-4.8%EFERTRs 76.5+20.3%FFCRs 14.2-30.0%GHNIRs 476.1+34.4%PTCRs 14,713.1+1.5%TPLPRs 2,078.1+10.1%UBLRs 355.3-25.8%ISLRs 171.0+2.7%APLRs 38.3+9.0%ABOTRs 4.4-26.4%PKGSRs 61.2+35.3%FABLRs 263.0-1.9%ATLHRs 10.6-5.5%OGDCRs 71.0+43.4%MTLRs 106.9-27.7%NCLRs 5.7+56.9%UNITYRs 758.2+41.8%LUCKRs 67.7+22.9%KTMLRs 158.5+51.2%SNBLRs 172.8+16.1%BWCLRs 196.5+40.1%CHCCRs 25.0-4.0%ASTLRs 9.1+14.5%ITTEFAQRs 12.3-9.9%AGPRs 30.8-42.3%HINOONRs 61.3-35.9%ENGRORs 68.6+46.4%ATRLRs 26.4+81.9%SHELRs 187.1-5.4%JDWSRs 2.1+20.6%EFUGRs 50.9+44.1%KOHCRs 79.1+42.0%BNWMRs 54.3+62.8%GLAXORs 56.9+14.0%CNERGYRs 49.2-1.8%JSBLRs 377.8-24.1%SEARLRs 21.7-21.2%MCBRs 81.8-4.4%BAFLRs 110.1+14.1%TGLRs 236.2-8.1%NCPLRs 27.7+19.9%AIRLINKRs 81.3+23.7%PAELRs 27.5+77.4%PAKTRs 1.7+3.6%INDURs 74.3-34.6%EPCLRs 17.8-50.1%TRGRs 100.9+18.5%SNGPRs 3.6-7.2%MEBLRs 95.1+11.0%PPLRs 12.0+27.2%POLRs 149.8+69.1%BAHLRs 123.3-17.6%GWLCRs 18.0+9.8%ACPLRs 41.8+19.4%FCCLRs 146.4+6.4%HCARRs 752.9-10.6%NBPRs 173.6-16.9%FATIMARs 237.9+68.5%SSGCRs 12.9+40.7%AKBLRs 268.1-10.1%LOTCHEMRs 65.9-7.3%NATFRs 5.0-57.8%MUGHALRs 76.8-47.2%PSMCRs 514.2-32.5%ICIRs 268.1+5.8%HUBCRs 48.3+16.8%NESTLERs 4.6-50.6%ARPLRs 89.9-12.9%DGKCRs 681.9+39.9%PSELRs 113.5-0.4%

Compare Watch

NBP

AVOID

National Bank of Pakistan

Commercial Banks · 1.16% of the KSE-100

Price

Rs 173.58

Market cap

Rs 129.5bn

12-month return

-16.9%

Rank

88 of 101

37composite

Rule-based42

ML ranker28

Conviction33

Why the engine ranks it here

National Bank of Pakistan (NBP) screens as one of the least attractive names in the KSE-100, ranking 88 of 101 on a composite score of 37/100.

National Bank of Pakistan sits in the Commercial Banks sector and scores best on price trend (46/100), weakest on profitability & earnings quality (36/100). At PKR 173.58 the shares trade on a P/E of 1.9x, 0.24x book, a 60.0% dividend yield. The Piotroski F-Score is 5 of 9 (mixed) and the Altman Z''-Score is not applicable to financials.

What it does well

NBP sits at -2.1x net debt to EBITDA.

Balance-sheet strength

NBP is unusually steady at 24.4% annualised volatility.

Price trend

NBP pays a 60.0% dividend yield.

Valuation

What holds it back

NBP earns only 13.9% on shareholders' money, behind its Commercial Banks peers.

Profitability & earnings quality

NBP keeps only 11.3% of every rupee of sales as profit.

Profitability & earnings quality

NBP runs a thin 13.5% operating margin.

Profitability & earnings quality

What would change this view

→ margin recovery, and operating cash flow catching up with reported profit

Five-pillar breakdown

Each pillar scores the company against sector peers, where 50 is the sector average.

Profitability & earnings quality30% weight36

Valuation25% weight43

Balance-sheet strength20% weight45

Growth15% weight44

Price trend10% weight46

The classic screens

Piotroski tests nine accounting facts about improvement; Altman scores the distance from financial distress.

Piotroski F-Score

5 / 9

mixed · 5 of 9 tests passed

Altman Z''-Score

n/a

Not applicable to banks and insurers

Profitable on assets

ROA 1.1%

Cash generative

CFO PKR 9,805,928m

Returns improving

ROA 1.1% vs 1.4% a year ago

Earnings backed by cash

CFO PKR 9,805,928m vs profit PKR 67,987m

Deleveraging

debt/assets 0.06 vs 0.07

Capital strengthening

equity/assets 8.1% vs 8.1%

Spread widening

net margin 11.3% vs 13.4%

Balance sheet productivity

revenue/assets 0.092 vs 0.100

No shareholder dilution

746m shares vs 746m

Price history

Weekly closes. Beta 0.93 against the index, annualised volatility 24%, RSI 58.

+347.5% over this window

Reported accounts

The last twelve quarters as filed, in PKR millions. The publication date is what the engine uses to decide when a figure became knowable.

Quarter	Revenue	Gross profit	Operating	Net income	EPS	Filed
2025 Q4	Rs 165.2bn	Rs 102.4bn	Rs 22.4bn	Rs 18.8bn	25.17	2026-04-30
2025 Q3	Rs 163.7bn	Rs 101.5bn	Rs 22.2bn	Rs 18.6bn	24.99	2025-11-14
2025 Q2	Rs 163.2bn	Rs 101.2bn	Rs 22.1bn	Rs 17.8bn	23.86	2025-08-14
2025 Q1	Rs 143.0bn	Rs 88.6bn	Rs 19.4bn	Rs 16.0bn	21.42	2025-05-15
2024 Q4	Rs 131.6bn	Rs 81.6bn	Rs 17.8bn	Rs 15.5bn	20.84	2025-04-30
2024 Q3	Rs 136.0bn	Rs 84.3bn	Rs 18.4bn	Rs 17.6bn	23.65	2024-11-14
2024 Q2	Rs 143.8bn	Rs 89.2bn	Rs 19.5bn	Rs 19.3bn	25.82	2024-08-14
2024 Q1	Rs 137.6bn	Rs 85.3bn	Rs 18.6bn	Rs 18.3bn	24.48	2024-05-15
2023 Q4	Rs 129.2bn	Rs 80.1bn	Rs 17.5bn	Rs 18.2bn	24.45	2024-04-29
2023 Q3	Rs 135.4bn	Rs 84.0bn	Rs 18.3bn	Rs 19.8bn	26.53	2023-11-14
2023 Q2	Rs 146.2bn	Rs 90.7bn	Rs 19.8bn	Rs 20.8bn	27.91	2023-08-14
2023 Q1	Rs 144.8bn	Rs 89.8bn	Rs 19.6bn	Rs 19.6bn	26.30	2023-05-15

Ranked against Commercial Banks

Every peer in the same sector, ordered by composite score. These are the companies whose ratios set this one's z-scores.

BOPThe Bank of Punjab0.4x69

HBLHabib Bank Limited1.2x65

UBLUnited Bank Limited0.5x56

FABLFaysal Bank Limited1.3x54

SNBLSoneri Bank Limited1.5x50

JSBLJS Bank Limited1.2x46

MCBMCB Bank Limited0.7x45

BAFLBank Alfalah Limited0.4x45

MEBLMeezan Bank Limited1.0x41

BAHLBank AL Habib Limited0.2x39

NBPNational Bank of Pakistan1.9x37

AKBLAskari Bank Limited1.7x35

Scored as of 31 December 2025. Generated by an automated screen for research and educational use. Not investment advice, and not a substitute for a SECP-licensed adviser.