Over the past year, the National Bank of Pakistan (NBP) stock has demonstrated exceptional strength, climbing approximately 231% a dramatic rally that reflects renewed investor confidence and improving fundamentals. As of mid-August 2025, the stock is trading around PKR 148.6, marking a gain of nearly 3% in the last 24 hours and a robust 19–20% rise over the past month.
Notably, the bank’s financial recovery is being closely watched, especially following the Federal Reserve’s decision last year to terminate long-standing enforcement actions against NBP and its New York branch. This resolution underscores NBP’s progress in governance and compliance, a positive signal for both local and international market participants.
Technically, market indicators paint a bullish picture. TradingView reports show a “strong buy” sentiment on both weekly and monthly charts, with momentum holding above key moving averages and parabolic SAR supporting an upward trajectory. Analysts anticipate potential upside, with some eyeing a move toward prior all-time highs near PKR 143–144, levels that have already been surpassed in recent sessions.
Meanwhile, the bank’s dividend appeal remains strong. With a current yield of around 5.48%, shareholders continue to benefit from solid payouts, further reinforcing NBP’s attractiveness as a dividend stock. For a broader perspective on market valuation, check out our analysis of Pakistan Stock Exchange EPS and P/E ratios.
All this is happening against a backdrop of macro developments. Earlier this year, Pakistan secured $4.5 billion in loans from local banks to support its power sector, indirectly easing fiscal pressures and potentially benefiting financial institutions like NBP through improved economic conditions. Additionally, NBP’s inclusion under the newly formed Pakistan Sovereign Wealth Fund could inject further stability and growth potential via long-term strategic investments.
In summary, NBP’s stock continues to shine with robust year-over-year returns, a favorable technical setup, regulatory headwinds in the rear-view mirror, and solid dividend returns. If economic reforms and institutional stability are sustained, NBP may well continue to be a standout performer in the PSX landscape.
