The Bank of Punjab (BoP) has earned Rs 3,804.255 million as profit after-tax translating earning per share (EPS) of Rs 13.14 in the year ending December 31, 2006 as compared to Rs 2,353.242 million profit after tax and EPS of Rs 8.13 in 2005.
The board of directors of the bank recommended to issue Bonus Shares in proportion of 32.5 shares for every 100 shares held ie 32.5 percent. In a notice sent to the Karachi Stock Exchange (KSE), the BoP declared its profit before tax of Rs 4,768.721 million in 2006 against Rs 3,164.957 million in 2005.