Earnings Report /
Sri Lanka

Hatton National Bank: 1Q CY21 - Low NPL profile, high capitalisation, but deep discount

  • Loan book contracts in 1Q; CY21E estimates lowered

  • NII drops on weak credit growth; trade gains and fee/commission income up

  • Maintain TP for HNB at LKR 165.00/share and HNBNV at LKR 130.00/share

Kavinda Perera
Kavinda Perera

Head of Research

Asia Securities
1 June 2021
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