Earnings Report /
Pakistan

Allied Bank: 2QCY21 result review – robust NII leads to earnings beat

  • ABL has posted consolidated 2QCY21 EPS of PKR4.16, up 4%yoy and 16%qoq

  • The result is above our estimated EPS of PKR3.36 resulting from sharply higher NII and strong capital gains

  • We maintain our Buy rating

Yusra Beg
Yusra Beg

Senior Investment Analyst

Intermarket Securities
17 August 2021