Author Topic: BAHL --- Bank Alhabib Ltd.  (Read 43009 times)

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Online ABNEIQBAL

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Re: BAHL --- Bank Alhabib Ltd.
« Reply #179 on: April 09, 2018, 10:55:06 PM »
BAHL   Bank Al-Habib Limited   1st Quarter   Apr 17th, 2018 12:00 PM

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Re: BAHL --- Bank Alhabib Ltd.
« Reply #179 on: April 09, 2018, 10:55:06 PM »

Offline Farzooq

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Re: BAHL --- Bank Alhabib Ltd.
« Reply #180 on: April 16, 2018, 11:51:37 AM »
Bank Al-Habib: Bank Al-Habib’s (BAHL) earnings are expected to decline 18.4%YoY in 1Q2018 to PKR1.69/share. Total revenues are expected to remain flat a 0.1%YoY decline. We expect 3.3%YoY growth in NII to offset the 10.8%YoY decline in NFI. The increase in NII is due to 15.2%YoY growth in assets (adjusted for the impact of borrowings on asset growth). The decline in NFI is due to lower capital gains.

We expect provisioning reversals to continue at BAHL with PKR261mn reversal in 1Q2018 compared to PKR202mn reversal in 1Q2017. Operating expenses are expected to grow by 15.9%YoY. The rise in operating expenses amid flat revenues is expected to lead to the decline in earnings.
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Offline Abbas

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Re: BAHL --- Bank Alhabib Ltd.
« Reply #181 on: June 14, 2018, 01:59:01 PM »
Rocking  :clap1: :clap1: , any particular reason ?

Offline SBM

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Re: BAHL --- Bank Alhabib Ltd.
« Reply #182 on: June 15, 2018, 11:22:43 AM »
Rocking  :clap1: :clap1: , any particular reason ?

i guess it has good sensitivity to increasing rates ..
however, its trading at more than two times book value
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