Habib Bank

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123 articles for Habib Bank

Habib Bank: 4QCY22 Review - Strong core revenues lead to earnings beat

HBL has reported 4QCY22 EPS of PKR7.27, up 28% YoY but lower by 7% QoQ - an earnings beat. HBL trades at a CY23f P/B of 0.3x and P/E of 2.7x and remains a top banking play. HBL trades at a CY23f P/B of 0.3x and P/E of 2.7x and remains a top banking p...
Intermarket Securities Yusra
Yusra Beg @ Intermarket Securities 24 February 2023

Pakistan Banks: 4QCY22 Result Previews - NII growth may be negated by opex

Pakistan banks may report sequentially flat profit in 4QCY22 (up 19% YoY). There is room for minor dividend misses. NII growth should be offset by normalized fx income and high opex. Asset quality is not a concern, for now. Valuations are very cheap....
Intermarket Securities Yusra
Yusra Beg @ Intermarket Securities 1 February 2023

Pakistan Banks: D-SIB banks to see lower capital requirements

SBP has reduced the additional CET-1 requirements for systemically important banks by 50bps. This is beneficial for HBL, NBP and MEBL, allowing more breathing room on capital. This is likely motivated by recent mark-to-market hits on bonds and IFRS-9...
Intermarket Securities Yusra
Yusra Beg @ Intermarket Securities 14 December 2022

Habib Bank: 3Q22 Review: Lower tax charge and better core business performance leads to beat

HBL has reported 3QCY22 EPS of PKR7.85, up 27%YoY and 3.4x QoQ – an earnings beat. Strong NII, lower provisions and a lower effective tax rate have led the deviation. We maintain a Buy rating on HBL with a TP of PKR140/sh.
Intermarket Securities Yusra
Yusra Beg @ Intermarket Securities 26 October 2022

Pakistan Banks: 3QCY22 Result Preview - Earnings trajectory is intact

Normalized tax to lead to strong lift in earnings in 3Q. Expect margin expansion to continue alongside swift balance sheet growth. Best-in-class names are MEBL and UBL.
Intermarket Securities Yusra
Yusra Beg @ Intermarket Securities 14 October 2022

Habib Bank: Legal issues remain relevant

A US district court has dismissed primary liability claims against HBL but has sustained secondary liability claims. Civil proceedings may commence, but HBL has the room to renew its motion for dismissal on jurisdictional grounds. HBL is very cheap b...
Intermarket Securities Raza
Raza Jafri @ Intermarket Securities 29 September 2022

Details

Pakistan
Asia
Banks
About
Habib Bank Ltd operates commercial bank in Pakistan. The Bank offers commercial, corporate, Investment, retail and International Group Banking.

Associated topics

Banks Pakistan Asia Financials Habib Bank HBL Equity Yusra Beg United Bank UBL MCB Bank (Pakistan) Bank Alfalah Allied Bank Rohit Kumar