HBL profit edges up in March 2025 quarter

April 25, 2025 (MLN): Habib Bank Limited (PSX: HBL) has reported a consolidated profit after tax of Rs16.63 billion for the quarter ended March 31, 2025, reflecting an increase of 10.52% compared to Rs15.04bn in the same period last year (SPLY).

The bank has declared an interim cash dividend of Rs4.50 per share (45%).

The earnings per share (EPS) for the quarter stood at Rs11.32, compared to Rs10.37 in SPLY.

HBL total income for the quarter stood at Rs90.36bn, marking an 11.05% increase from Rs81.37bn in the corresponding period last year.

Net mark-up/return/profit/interest income grew by 12.33% to Rs68.75bn, supported by a 36.17% reduction in interest expense, even as mark-up earned declined by 21.25%.

Non-markup income rose by 7.18% to Rs21.61bn, aided by gains on securities and improved dividend and associate income, despite a drop in foreign exchange and derivative income.

Operating expenses increased by 7.28% to Rs50.27bn, while total non-markup expenses, including Workers’ Welfare Fund and other charges, grew by 7.09% to Rs50.98bn.

Credit loss allowances and write-offs declined by 24.83% to Rs2.74bn.

Despite these movements, HBL’s profit before taxation registered a solid growth of 21.67% to Rs36.64bn, while taxation expenses surged by 32.80% to Rs20.01bn during the quarter.

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