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

  • 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, 30th 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 30th 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