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>Habib Bank (HBL) posted 3Q2024 consolidated earnings of Rs9.85/share, down 13% YoY while up 1% QoQ. This takes 9M2024 EPS to Rs30.03/share up 3% YoY. The result came in line with industry expectations.</li><li>Alongside result, bank also announced a third interim cash dividend of Rs4/share, taking 9M2024 dividend to Rs12/share.</li><li>Net Interest Income (NII) for 3Q2024 settled at Rs64bn down 2% YoY due to fall in asset yields. On QoQ basis NII was up 4% due to favorable asset repricing gap.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Habib Bank (HBL) posted 3Q2024 consolidated earnings of Rs9.85/share, down 13% YoY while up 1% QoQ. This takes 9M2024 EPS to Rs30.03/share up 3% YoY. The result came in line with industry expectations.Alongside result, bank also announced a third interim cash dividend of Rs4/share, taking 9M2024 dividend to Rs12/share.Net Interest Income (NII) for 3Q2024 settled at Rs64bn down 2% YoY due to fall in asset yields. On QoQ basis NII was up 4% due to favorable asset repricing gap.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Habib Bank (HBL): 3Q2024 EPS at Rs9.85, Down 13% YoY

Habib Bank Ltd

Habib Bank (HBL): 3Q2024 EPS at Rs9.85, Down 13% YoY