Human beings are mostly concerned about value additionin almost every aspect of life. Does this reality prove accurate insecondary markets investment? This empirical study deals with theEconomic Value Addition of major seventeen banks of Pakistanincluding national and public limited banks. In this research, ROE,ROCE, and OCF are taken as parameters of profitability whilemarketability parameters are PE and MB ratio. Two sample t-testsshow that a new banks value creation is more in comparison withold banks in the context of EVA. Private and Government bank arenot significantly different in EVA. Fixed effect modeling and Clusterestimation infer that Profitability parameters positively impact EVA.Marketability parameter MB positively impacts EVA while PE ratiois statistically insignificant. Correlation analysis shows thatinvestors of the banking sector in Pakistan do not pay specialattention to EVA in their investment decisions