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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Faysal Bank Ltd. net mark-up income for 9MCY17 rises by 2% to Rs. 3.8 billion

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  • Faysal Bank Ltd. Net mark-up/interest income for the nine months ended September 30, totaled at 10.3 billion increasing 16.4% from last year’s net income value of 8.89 billion
  • Bank’s net mark-up/interest income after provisions witnessed a significant increase of around 29% during the last nine months clocking in at 11.12 billion
  • Bottom line profits reached 3.82 billion up 2.06% against 3.75 billion last year
  • Company’s earnings per share for the reported period is at 2.90 vs 2.84 during FY ‘16
Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net mark-up/interest earned

21,306,501

19,559,699

8.93%

Net mark-up/interest income

10,359,184

8,899,482

16.40%

Net mark-up/interest income after provisions

11,123,960

8,614,735

29.13%

Total non-mark-up/interest income

4,325,748

5,612,164

-22.92%

Total non-mark-up/interest expenses

9,079,882

8,418,164

7.86%

Profit before Taxation

6,350,451

5,798,938

9.51%

Taxation

2,525,384

2,050,918

23.13%

Profit after taxation

3,825,067

3,748,020

2.06%

Basic EPS

2.90

2.84

2.11%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-25T13:44:00+05:00