Earning Preview: Interest and non-interest income to rise HBL’s profits in CY19

News Image

By MG News | February 19, 2020 at 10:45 AM GMT+05:00

0:00

February 19, 2020 (MLN): Habib Bank Limited (HBL) is scheduled to unveil financial results for CY19 on Wednesday i.e. today.

According to the projection table given below, all brokerage houses expect the bank to post a net profit of around Rs 13.95 billion to Rs 15.01 billion which translate into an EPS ranging from Rs 9.51- Rs 11.11.

Research House

CY2019 Net PAT

Earnings per share (EPS)

CY2018 Net PAT

% change YoY

JS Global

Rs 13.95 billion

Rs 9.51

Rs 12.05 billion

16%

Aba Ali Habib

Rs 14.55 billion

Rs 9.72

Rs 12.44 billion

18%

Arif Habib

Rs 14.33 billion

Rs 9.77

Rs 12.05 billion

19%

Pearl

Rs 14.88 billion

Rs 9.95

Rs 12.44 billion

20%

AKD

Rs 15.01 billion

Rs 10.14

Rs 12.44 billion

20.7%

BIPL

Rs 14.64 billion

Rs 9.89

Rs 12.05 billion

20%

Al Habib Capital

Rs 14.48 billion

Rs 9.66

Rs 12.44 billion

16%

Topline

-

Rs 11.11

Rs 12.44 billion

-

IMS

-

Rs 9.45

Rs 12.44 billion

-

Insight

-

Rs 10.09

Rs 12.44 billion

-

Next

-

Rs 9.91

Rs 12.44 billion

-

Alfalah

-

Rs 10.39

Rs 12.44 billion

-

 

The increase in profitability is expected mainly on the account of rising in bank’s net interest income supported by an estimated higher non-interest income.

During CY19, bank’s interest income is anticipated to increase substantially on a back of growth anticipated in the bank’s credit offtake. However, interest expense is estimated to rise due to an increase in deposits volumes and higher deposit rates which might restrict the rise in NII as per the research of Pearl Securities.  

According to Al Habib Capital, non-funded income is likely to grow due to rising fee income which is anticipated to have taken impetus from consumer finance businesses, investment banking and trade deliveries.

The operating expenses of the bank are expected to rise due to ongoing remediation expenses relating to bank’s NY operations coupled with the continuation of business transformation cost and deposit insurance cost which likely to increase bank’s cost levels.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 133,403.19
324.46M
0.02%
33.04
ALLSHR 83,188.05
1,204.34M
0.13%
106.90
KSE30 40,651.46
104.88M
-0.13%
-53.85
KMI30 192,083.92
123.92M
-0.26%
-496.76
KMIALLSHR 55,847.70
679.22M
0.02%
11.98
BKTi 36,422.88
17.65M
0.29%
105.71
OGTi 28,437.61
10.77M
-0.37%
-105.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,675.00 109,685.00
107,680.00
220.00
0.20%
BRENT CRUDE 69.89 69.96
69.03
0.31
0.45%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.08 68.16
67.33
0.15
0.22%
SUGAR #11 WORLD 16.28 16.37
16.13
0.00
0.00%

Chart of the Day


Latest News
July 08, 2025 at 05:29 PM GMT+05:00

Money Link Exchange shuts down operations


July 08, 2025 at 04:41 PM GMT+05:00

Gold price in Pakistan rises Rs1,500 per tola


July 08, 2025 at 04:25 PM GMT+05:00

CCP clears 69 M&A deals in FY25


July 08, 2025 at 04:00 PM GMT+05:00

PSX Closing Bell: Holding the Line



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg