In the first three months of 2024, JS Bank recorded significant financial growth. The bank reported profit before tax (PBT) of Rs. 3.72 billion and profit after tax (PAT) of Rs. 1.71 billion. This represents a significant increase of 144% and 99% respectively compared to the same period last year.

The bank's earnings per share (EPS) stood at Rs. 0.83 in the first quarter of 2024, showing a marked improvement from Rs. 0.83. 0.66 during the corresponding period last year.

In addition to these impressive individual figures, looking at the overall performance of the bank on a consolidated basis, JS Bank reported a PBT of Rs. 4,000,000.9.34 billion and PAT of Rs. 4.2 billion. This represents a significant growth of 494% and 376%, respectively, compared to the same period last year.

The significant profit growth can be attributed to the bank's strategic expansion efforts and the successful acquisition of BankIslami Pakistan Limited (BIPL) in the third quarter of 2023.

Additionally, JS Bank achieved a milestone of surpassing half a trillion deposits at the end of the first quarter of 2024.