External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Habib Bank (HBL) announced strong 1Q2025 results with consolidated earnings of Rs16.6bn, up 9% YoY and 15% QoQ, driven by higher-than-expected Net Interest Income (NII) and Gain on securities.</li><li>Non-Interest Income grew by 7% YoY primarily due to a significant gain on securities, while the bank maintained a cost to income ratio of 56%.</li><li>HBL declared a first interim cash dividend of Rs4.5 per share, with a buy stance maintained, trading at a 2025E PE ratio of 4.0x.</li></ul>

Habib Bank (HBL) announced strong 1Q2025 results with consolidated earnings of Rs16.6bn, up 9% YoY and 15% QoQ, driven by higher-than-expected Net Interest Income (NII) and Gain on securities.Non-Interest Income grew by 7% YoY primarily due to a significant gain on securities, while the bank maintained a cost to income ratio of 56%.HBL declared a first interim cash dividend of Rs4.5 per share, with a buy stance maintained, trading at a 2025E PE ratio of 4.0x.

Habib Bank (HBL): 1Q2025 EPS at Rs11.3 (Earnings higher than expectations)

Habib Bank Ltd

Habib Bank (HBL): 1Q2025 EPS at Rs11.3 (Earnings higher than expectations)