Corporate Alert: Bank of Punjab reports an EPS of 1.41/- per share for the period ended June 30, 2017

Bank of Punjab announced Financial Results for the ended June 30, 2017.

The company’s Net mark-up/interest income for the period increased by 20 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 21 percent.

Comparison of Key Financials:

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

Net mark-up/interest income/return

7,160,237

5,949,036

20%

Net mark-up/interest income/return after provision

5,709,329

4,714,727

21%

Total Non-markup/interest income

3,008,142

3,230,690

-7%

Total Non-markup/interest expenses

4,916,403

3,700,873

33%

Profit before taxation

3,801,068

4,244,544

-10%

Taxation

1,611,705

1,477,627

9%

PAT

2,189,363

2,766,917

-21%

EPS – Basic and diluted

1.41

1.78

-21%

Amounts in PKR ‘000

The complete statements can be accessed here.

Posted on: 2017-08-16T15:35:00+05:00