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...
406 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,...
538 Views
Habib Bank (HBL): 2Q2024 EPS at Rs9.8, up 11% YoY (Earnings in Line with Industry Expectations)
Habib Bank (HBL) posted 2Q2024 consolidated earnings of Rs9.8/share, up 11% YoY while down 6% QoQ. This takes 1H2024 EPS to Rs20.2/share up 13%...
393 Views
Pakistan Banks: Earnings to Fall 6% QoQ and up 22% YoY in 2Q2024
Topline Banking Universe is likely to post an earnings growth of 22% YoY in 2Q2024, driven by higher Net Interest Income (NII) and Non...
256 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