Earnings Report /
Pakistan

Bank Al Habib: 2QCY21 review – Earnings beat as NII depicts a sharp qoq lift

  • BAHL has posted 2QCY21 NPAT of PKR4.5bn (EPS: PKR4.05), up 2%yoy/down 3%qoq

  • Sharper-than-expected lift in NII and lower-than-expected provisions led to a modest earnings beat

  • We are impressed by the sequential rise in NII indicating that asset repricing has seemingly bottomed

Yusra Beg
Yusra Beg

Senior Investment Analyst

Intermarket Securities
4 August 2021