External broker reports(aggregated public sources), Topline Securities

Topline Securities

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Bank Alfalah (BAFL) announced its 4Q2025 result today, where the bank recorded consolidated earnings of Rs6.4bn (EPS of Rs4.07), up 38% YoY and 1% QoQ.</li><li>This takes 2025 earnings to Rs28bn (EPS of Rs17.63), down 30% YoY.</li><li>Net Interest Income (NII) for 4Q2025 settled at Rs34bn, up 8% YoY while flattish QoQ.</li></ul>

Bank Alfalah (BAFL) announced its 4Q2025 result today, where the bank recorded consolidated earnings of Rs6.4bn (EPS of Rs4.07), up 38% YoY and 1% QoQ.This takes 2025 earnings to Rs28bn (EPS of Rs17.63), down 30% YoY.Net Interest Income (NII) for 4Q2025 settled at Rs34bn, up 8% YoY while flattish QoQ.

뱅크 알팔라(BAFL): 2025년 4분기 주당순이익(EPS) 4.07루피, 전년 동기 대비 38% 증가 (예상치와 일치)