Habib Bank: Not so Off-Limits
It has been a challenging quarter for banks globally. We can see this from our PH Score model as well as anecdotally. We can hear the contrary...
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Habib Bank (HBL): Earnings Revised Down, Downgraded To "Hold"
Investment Thesis: Post announcement of HBL’s 2Q2018 financial results, we revise down our earnings estimate for HBL by ~20% for 2018-20 as bank...
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Habib Bank (HBL): Earnings Revised Downwards; ‘Buy’ Stance Maintained
HBL recently announced its 1Q2018 earnings of Rs3.1/share (-49% YoY), which remained lower than expectations. After incorporating 1Q2018...
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Pakistan Banks: Pension Case Impact Lower than Expectation
As per our channel checks and media reports, Supreme Court (SC) has asked the big 4 private Banks (HBL, UBL, MCB and ABL) to increase monthly...
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Pakistan Banks: Advances Grow by 17% in 2017; ADR Improves to 53%
Advances of the banking sector grew by 17% in 2017 which is in line with growth registered during last year. Advances to deposit ratio (ADR)...
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