Pakistan Banks: Earnings to Fall 10% YoY and 24% QoQ in 4Q2024; Market Weight Stance Maintained
Topline Banking Universe is likely to post an earnings decline of 10% YoY and 24% QoQ in 4Q2024, amid a higher effective tax rate. To recall, the...
597 Views
Pakistan Banks: Listed Banks Profitability up 16% QoQ and Down 1% YoY in 3Q2024
Pakistan's listed banks profitability clocked in at Rs158bn, down by 1% YoY while up 16% QoQ in 3Q2024. Despite the decline in interest rates,...
495 Views
Pakistan Banks: Earnings to increase 10% QoQ and 9% YoY in 3Q2024; Market Weight Stance Maintained
Topline Banking Universe is likely to post an earnings growth of 9% YoY in 3Q2024, driven by higher Net Interest Income (NII) and Non...
415 Views
Pakistan Banks: Aggressive lending at lower rate to avoid tax; Bank-wise Sensitivity and its Impact
Many banks in Pakistan are now racing to meet the Gross Advances to Deposit Ratio (ADR) of 50% by Dec-2024 to avoid additional tax. To recall,...
542 Views
Pakistan Banks - Few banks at deep discount despite rally
Pakistan banking sector has witnessed run up of 23% in last 3 months and 115% in last 12 months as market participants are reverting back to...
207 Views