bullish

Punjab National Bank - Soaring Recoveries, From High NPLs, Pushes Profit Up 5.4x

398 Views30 Jun 2023 18:54
Soaring recoveries supports fee income, lower NPLs support far lower credit costs, profit up more than 5x YoY and strength can continue. Market capitalization compared with assets, still lags peers.
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Daniel Tabbush
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