Habib Metropolitan Bank earnings per share for 3QFY17 at Rs. 3.11 vs Rs. 3.64 in FY16

October 26, 2017

Habib Metropolitan Bank Net mark-up income after provisions for the period increased by 25%, amounting to a total of 9.65 billion Rupees during the nine months ended September, 30^th 2017
Bank’s total non-mark-up interest income for the period decreased by 30.45% during the nine months
Total non-mark-up/interest expenses for the period increased by 16% taking away a total of 8.11 billion from the bottom line in last nine months
The Profit after tax for the period decreased by 14.74% reaching 3.2 billion against last year’s profit of 3.81 billion rupees.
The company’s earnings per share reached 3.11 rupees vs 3.64 in the last quarter

Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Net mark-up/interest earned	24,695,877	25,063,769	-1.47%
Net mark-up/interest income	10,386,689	8,778,139	18.32%
Net mark-up/interest income after provisions	9,658,818	7,731,665	24.93%
Total non-mark-up/interest income	4,201,082	6,040,285	-30.45%
Total non-mark-up/interest expenses	8,116,793	6,990,464	16.11%
Profit before Taxation	5,743,107	6,781,486	-15.31%
Taxation	2,487,458	2,962,903	-16.05%
Profit after taxation	3,255,649	3,818,583	-14.74%
Basic EPS	3.11	3.64	-14.56%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-26T11:02:00+05:00

Consolidated Financial Results for nine months ended September 30, 2020 (Rupees'000)
	Sep-20	Sep-19	% Change
Profit / return earned	20,510,569	16,074,522	28%
Profit / return expensed	(10,562,930)	(8,656,686)	22%
Net profit / return	9,947,639	7,417,836	34%
OTHER INCOME
Fee and commission income	656,732	467,003	41%
Dividend income	7,050	8,972	-21%
Foreign exchange income	303,940	139,592	118%
Income from shariah-compliant derivatives
Gain / (loss) on securities - net	241,555	28,253	755%
Other income	85,840	179,598	-52%
Total other income	1,295,117	823,418	57%
Total income	11,242,756	8,241,254	36%
OTHER EXPENSES
Operating expenses	(6,250,900)	(5,391,566)	16%
Workers welfare fund	(58,061)	(31,746)	83%
Other charges	(130,354)	(36,316)	259%
Total other expenses	(6,439,315)	(5,459,628)	18%
Profit before provisions	4,803,441	2,781,626	73%
Provisions and write offs - net	(1,891,286)	(1,230,108)	54%
Loss for the period from BIPL Securities Limited - net of tax		(7,821)
Share of loss from associate - net tax	(221,451)	11,525
PROFIT BEFORE TAXATION	2,690,704	1,555,222	73%
Taxation	(1,140,891)	(556,496)	105%
PROFIT AFTER TAXATION	1,549,813	998,726	55%
Earnings per share	1.4304	0.9875	45%