Equity Analysis /

BANGLADESH BANKS: Stronger than expected Q2 18 results could provide near-term price support

    Waseem Khan
    Waseem Khan

    Equity Research Analyst, Financials, Consumer and Pharmaceuticals (Bangladesh)

    Tellimer Research
    30 July 2018
    Published byTellimer Research
    Four out of six banks beat EPS forecasts. City, Prime, UCB and Islami reported headline beats, while BRAC was in-line and EBL missed. Valuations look attractive, and BRAC looks most interesting.