KARACHI: The National Bank of Pakistan (NBP) has posted a sharp decline of 31.43 per cent in the profit-after-tax for the quarter ended September 30, 2021, according to the financial results shared with the Pakistan Stock Exchange (PSX) on Wednesday.

The bank declared earnings per share of Rs3.55 for the quarter, compared with the EPS of Rs5.20 in the same quarter of the last year.

The net profit of the bank also fell 6 per cent to Rs24.64 billion for the nine months period ended September 30, 2021, compared with Rs26.18 billion in the same period of the last year.

The net markup income of the bank fell to Rs72.5 billion during January–September 2021, compared with Rs80.03 billion in the same period of the last year.

The non-markup income of the bank remained flat at Rs28.54 billion for the nine months of the current year, compared with Rs28.53 billion in the same period of the last year.

The bank declared a total income of Rs101 billion for the nine months period, which was Rs106.57 billion in the same period of the last year.

Operating expenses of the bank increased to Rs48.06 billion for the nine months of the current year, compared with Rs45.63 billion in the same months of the last year.