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,...
541 Views
Meezan Bank (MEBL) - Recorded highest ever quarterly earnings in 2Q2024
Meezan Bank (MEBL) announced its 2Q2024 result today, where the bank recorded highest ever quarterly earnings of Rs26.7bn (EPS of Rs14.88),...
580 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...
257 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