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.
