No trade has been recorded for FNBM since 26 Sep 2024 — 754 days before 20 Oct 2026. The figures on this page are from that session.

The Pakistan Stock Exchange's own company page for FNBM carried the label SUSPENDED and WINDING-UP when SuperX read it on 22 Sep 2026.

FNBM First National Bank Modaraba share price

Open in SuperX Charts

Rs 0.64

0.00 (0.00%)

Vol 0 · Close · 26 Sep 2024 ● live

First National Bank Modaraba (FNBM) last traded at Rs 0.64 on 26 Sep 2024. Its market capitalisation is about Rs 16M. First National Bank Modaraba is in the Modarabas sector.

Market cap Market cap What the whole company costs at today's price. How it's worked out Share price multiplied by every share in issue. How to read it It is the company's size, not its value. A big number does not mean the price is high against earnings, and a small one does not mean it is low — that is what the ratios below are for.: Rs 16M; as of 20 Oct 2026
Price per rupee earned Price per rupee earned Rupees you pay for each rupee the company earned last year. How it's worked out Share price divided by earnings per share over the last twelve reported months. How to read it Lower only means something against something — the same company's history, its sector, or the market. On its own this ratio says very little, and it is blank when a company lost money.: —
Dividend yield Dividend yield Cash paid out over the last year as a percentage of today's price. How it's worked out Dividends per share over twelve months divided by the share price. How to read it A very high yield is often a warning, not a gift: it usually means the price fell. Check the payout ratio next to see whether earnings actually cover it.: —
Avg volume (30d) Average volume Shares changing hands on a typical day. How it's worked out The mean daily volume over thirty sessions. How to read it Shares, not rupees — a million shares of a Rs 3 stock is a small market. "Traded per session" is the version in money.: 0

52-week range

—

1W: —
1M: 0.00%
3M: 0.00%
6M: —
YTD: —
1Y: 0.00%

Free float Free float The shares that can actually be bought and sold. How it's worked out Total shares minus the blocks held by sponsors, the government and other locked-in holders, as the exchange reports them. How to read it The float, not the market cap, is what sets how easily a real position can be built or unwound.: 17.5M; 70% of shares
Shares outstanding Shares outstanding Every share the company has issued. How it's worked out The share count in the company's own filings, including the blocks nobody trades. How to read it Divide any per-share figure by this. It is larger than the free float on almost every PSX name, because sponsors and the government own shares that never reach the market.: 25M
Day range: —; prev close 0.64
Shariah: —

FNBM · 1-year close

No price history available for this symbol yet.

Open FNBM in the plotter → Compare with the KSE-100

Open in SuperX Charts ↗ FNBM chart on SuperX Charts Share this chart

First National Bank Modaraba balance sheet and returns

Return on equity, book value, gearing and margins for First National Bank Modaraba — read out of the company’s own audited annual report, because the exchange publishes no balance sheet. Figures for the year ended 30 Jun 2017, 87 months old.

That year ended more than 18 months before the last session we priced, so this page does not compute a price-to-book or a book value per share from it. A live price over a book value 87 months old measures how far behind our reading is, not what the company is worth.

Newest balance sheet on this page: FY2017. Annual reports for FY2018, FY2019, FY2020, FY2021, FY2024, FY2025 and FY2026 are in the filings list below and have not been read yet.

Book value / share Book value per share The accounting value of one share, in rupees. How it's worked out Total equity divided by shares outstanding — what each share would be worth if the company sold everything at balance-sheet value and paid off every debt. How to read it The floor under a share price, loosely. It ignores brands, people and future profits, so a good business trades well above it and a broken one below.: not computed: book value is 87 months old
Price to book Price to book What the market charges for each rupee of net assets. How it's worked out Share price divided by book value per share. How to read it Under 1 means the market values the whole company at less than the net assets on its own balance sheet. On PSX that is common and is sometimes a bargain and sometimes a warning — check why.: not computed: book value is 87 months old
Current ratio Current ratio Can it pay the bills due inside a year? How it's worked out Current assets divided by current liabilities, from the annual report. How to read it Under 1 means more falls due within a year than the company expects to collect within one. Not fatal on its own — but it is the first place to look when a company is in trouble.: 0.57×
Debt to equity Debt to equity How much is owed against how much is owned outright. How it's worked out Total liabilities divided by total equity. The broad measure — all liabilities, not only interest-bearing borrowings — because that is what the published tables reliably carry. How to read it Leverage magnifies both directions. High gearing is normal for banks and leasing, alarming for a manufacturer in a high-rate year like Pakistan has had.: 30.13×
Funded by shareholders Funded by shareholders The share of the balance sheet shareholders actually paid for. How it's worked out Total equity as a percentage of total assets — the plain-English complement of leverage. How to read it The higher it is, the less the company depends on lenders staying friendly. At Pakistani interest rates that dependence has cost a great deal.: 3%

Year ended	Total assets	Equity	Revenue	Profit	ROE
30 Jun 2017	Rs 508B	Rs 16.3B	—	—	—
30 Jun 2016	Rs 841B	Rs 87.7B	—	—	—

Source: First National Bank Modaraba’s annual report, page 24. Every figure above can be checked against it.

First National Bank Modaraba filings and reports

41 documents First National Bank Modaraba has published — annual reports, quarterly accounts and briefing decks. PSX filings are marked PSX; the rest come from the company’s own investor relations page. Links open the original PDF at the source.

Annual reports · 10

and 2 more

Half-yearly accounts · 1

Shariah Compliant Disclosure for the Half Year Ended December 31, 2025 PSX

Quarterly accounts · 29

and 21 more

Financial results · 1

Financial Results for the Year Ended June 30, 2026 PSX

What matters now for FNBM

Three dated records out of FNBM’s own history, read against the last session SuperX holds, 20 Oct 2026. Each line is a row, not a summary.

Next results

21 Oct 2026

quarter results due 2026-10-21 – 2026-11-02

projected — A window SuperX projected from this company’s own past filing dates. Not a date the company gave. 1 day after 20 Oct 2026.

FNBM’s dated record

The exchange’s own record and ours: ex-dividends, book closures, results, every session move of 3% or more with the reason written out, the notices that move a price, and the news about First National Bank Modaraba. Dates that have not happened are kept apart from dates that have, and each one says whether it was announced or projected.

Ahead · 1

These dates are after 20 Oct 2026. None of them has happened. A row marked projected is SuperX’s own window, built from how late this company has filed before; a row marked announced is a date on the exchange’s record.

21 Oct 2026 Results quarter results due 2026-10-21 – 2026-11-02 projected — A window SuperX projected from this company’s own past filing dates. Not a date the company gave.

The last 90 days · 4

1 date below carries more than one row, shaded and marked same date. These rows share one date. SuperX holds no time of day for them, so the order here is this page’s own and not a sequence. Neither row is shown as the cause of the other.

16 Oct 2026
- Notice board meeting Notice of Board Meeting
22 Sep 2026
- Notice financial results Financial Results for the Year Ended June 30, 2026
- Results annual results (2026-06-30)
same date · 2 rows · no time of day held
14 Sep 2026
- Notice board meeting Notice of Board Meeting

Earlier · 17

Notice 17 notices, 20 Sep 2024 to 28 Apr 2026 open

28 Apr 2026 financial results Financial Results for the Quarter Ended March 31, 2026
17 Apr 2026 board meeting Notice of Board Meeting
27 Feb 2026 financial results Financial Results for the Quarter Ended December 31, 2025
18 Feb 2026 board meeting Notice of Board Meeting
21 Oct 2025 financial results Financial Results for the Quarter Ended September 30, 2025
13 Oct 2025 board meeting Notice of Board Meeting
26 Sep 2025 financial results Financial Results for the Year Ended June 30, 2025
17 Sep 2025 board meeting Board Meeting
25 Apr 2025 financial results Financial Results for the Quarter Ended 31-03-2025
16 Apr 2025 board meeting Board Meeting
27 Feb 2025 financial results Financial Results for the Quarter (Half Year) Ended December 31, 2024
19 Feb 2025 board meeting Board Meeting Rescheduled
18 Feb 2025 board meeting Board Meeting
28 Oct 2024 financial results Financial Results for the Quarter Ended 30-09-2024
17 Oct 2024 board meeting Board Meeting
30 Sep 2024 financial results Financial Results for the year ended June 30, 2024
20 Sep 2024 board meeting Board Meeting

SuperX holds 92 dated records for FNBM and this page lists 22. Every ex-dividend, book closure, results filing and ticker change is listed. The notices are cut to the most recent of each.

What SuperX wrote about FNBM

SuperX writes a nightly note for the 100 companies in the KSE-100. This is not one of them. First National Bank Modaraba is not one of them, so this page carries no note.

About First National Bank Modaraba

First National Bank Modaraba is a multi-purpose, perpetual and multidimensional Modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and Rules framed thereunder. The Modaraba is managed by National Bank Modaraba Management Company Limited. It is engaged in various Islamic modes of financing and operations including ijarah, musharaka and murabaha arrangements.

Key people

Shahid Iqbal Choudhri · CEO
Muhammad Imran Malik · Chairperson
Nadia Jalil (Acting) · Company Secretary

Sector: Modarabas
Website: www.nbmodaraba.com
Head office: Ground Floor, NBP RHQs Building, 26-McLagon Road, Lahore
Auditor: Rahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants
Share registrar: Hameed Majeed Associates (Pvt.) Limited, H. M. House, 7 – Bank Square, Lahore
Fiscal year end: —

What are FNBM’s sales, profit and earnings per share?

Annual figures from PSX filings. Money in PKR (converted from thousands); EPS in rupees per share.

FY	2024	2023	2022	2021
Total Income	Rs 116M	Rs 64.2M	Rs 53.5M	Rs 49.8M
Profit after Taxation	Rs 34.8M	Rs 4.1M	Rs 2.6M	Rs 1.1M
EPS	Rs 1.39	Rs 0.16	Rs 0.10	Rs 0.04
EPS Growth	+768.8%	+60.0%	+150.0%	+102.9%

FNBM dividends and corporate actions

PSX quotes payouts as a % of the Rs 10 face value — 25% = Rs 2.50 per share. Unconfirmed ex-dates are marked “expected”.

FNBM dividends and corporate actions
Type	% of face	Per share	Ex-date	Book closure	Qualify by
No dividends or corporate actions on record for FNBM.

When the next results are due

A window from past filings, not a date

Period that closed: 30 Sep 2026quarterly results
Expected between: 21 Oct 2026 and 2 Nov 2026
Longest it has taken before: 33 days
Filings the window rests on: 4
Last results announced: 22 Sep 2026

The window is how late this company has filed before, carried forward. It is built from 4 earlier filings, so a short record makes a wide window. First National Bank Modaraba has announced no date.

Brokers’ 12-month price targets for FNBM, not SuperX’s

Collected from sell-side research notes. SuperX publishes no price target and no rating of its own.

No analyst coverage on record for FNBM. 48 of the companies on this site carry any, and 48 of those 48 carry a buy-family label.

FNBM share price: quick answers

What is the FNBM share price?

First National Bank Modaraba (FNBM) last traded at Rs 0.64 on 26 Sep 2024.

What is FNBM's dividend yield?

SuperX's PSX data does not show a trailing dividend yield for First National Bank Modaraba (FNBM) as of 26 Sep 2024. Check the dividend history table on this page for declared payouts.

How much does FNBM cost for each rupee it earns?

SuperX cannot price FNBM against its earnings as of 26 Sep 2024, because the trailing twelve months show no profit to divide by — the earnings are negative or not yet reported. See the financials table for reported earnings per share.

Is FNBM Shariah compliant?

SuperX's PSX data has no Shariah screening status for FNBM as of 26 Sep 2024.

Other Modarabas stocks on PSX

Other companies in the same PSX sector, including its largest.

FNBM sector peers
Symbol	Company	Price	Chg %	Mkt cap	Price/earnings
FPJM	First Punjab Modaraba	19.18	−3.42%	Rs 653M	—
FPRM	First Paramount Modaraba	11.43	−8.34%	Rs 236M	8.2×
FTMM	First Treet Manufacturing Modaraba	21.43	+10.01%	Rs 4.2B	35.0×
FHAM	First Habib Modaraba	27.10	+0.30%	Rs 3B	4.0×
SINDM	Sindh Modaraba	59.75	+7.64%	Rs 2.7B	15.1×
PIM	Popular Islamic Modaraba	96.65	+10.01%	Rs 1.9B	128.9×

All Modarabas stocks on PSX →

Guides for FNBM

Plain explanations of the figures on this page.

Market cap vs share price on PSX: which one matters

Data from PSX via SuperX, delayed and provided for information only — not investment advice. Figures may contain errors; verify with your broker before acting. As of 26 Sep 2024, 05:00 PKT.

Track FNBM in SuperX

Trade logging, price alerts and smart-money flows for PSX investors. Join the waitlist and we email once, when it is ready.

GET EARLY ACCESS — FREE →