Reported Earnings • Apr 19
First quarter 2026 earnings released: EPS: PK₨11.00 (vs PK₨11.32 in 1Q 2025) First quarter 2026 results: EPS: PK₨11.00 (down from PK₨11.32 in 1Q 2025). Revenue: PK₨87.5b (flat on 1Q 2025). Net income: PK₨16.1b (down 2.8% from 1Q 2025). Profit margin: 18% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨307, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Banks industry in Pakistan. Total returns to shareholders of 463% over the past three years. Aankondiging • Apr 09
Habib Bank Limited to Report Q1, 2026 Results on Apr 17, 2026 Habib Bank Limited announced that they will report Q1, 2026 results on Apr 17, 2026 Upcoming Dividend • Mar 12
Upcoming dividend of PK₨6.00 per share Eligible shareholders must have bought the stock before 19 March 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of Pakistani dividend payers (8.3%). Higher than average of industry peers (7.6%). Aankondiging • Feb 25
International Holding Company PJSC (ADX:IHC) executed a Share Purchase Agreement to acquire the remaining 17.36% stake in First Women Bank Ltd. from Government of Pakistan, United Bank Limited (KASE:UBL), Habib Bank Limited (KASE:HBL), Allied Bank Limited (KASE:ABL), National Bank of Pakistan (KASE:NBP), MCB Bank Limited (KASE:MCB) and others. International Holding Company PJSC (ADX:IHC) executed a Share Purchase Agreement to acquire the remaining 17.36% stake in First Women Bank Ltd. from Government of Pakistan, United Bank Limited (KASE:UBL), Habib Bank Limited (KASE:HBL), Allied Bank Limited (KASE:ABL), National Bank of Pakistan (KASE:NBP), MCB Bank Limited (KASE:MCB) and others on February 23, 2026. Upon completion, International Holding Company PJSC (ADX:IHC) will assume full ownership and control of First Women Bank Limited.
The transaction is approved by the Competition Commission of Pakistan. CCP's competition assessment noted that the target has a limited presence in the commercial banking market, while the acquirer does not have any existing operations in the relevant or related market. The transaction therefore constitutes a conglomerate merger and does not raise competition concerns. Declared Dividend • Feb 20
Fourth quarter dividend of PK₨6.00 announced Shareholders will receive a dividend of PK₨6.00. Ex-date: 19th March 2026 Payment date: 20th April 2026 Dividend yield will be 6.2%, which is lower than the industry average of 14%. Sustainability & Growth The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Feb 19
Habib Bank Limited, Annual General Meeting, Mar 30, 2026 Habib Bank Limited, Annual General Meeting, Mar 30, 2026. Location: islamabad Pakistan Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: PK₨45.48 (vs PK₨39.85 in FY 2024) Full year 2025 results: EPS: PK₨45.48 (up from PK₨39.85 in FY 2024). Revenue: PK₨352.0b (up 12% from FY 2024). Net income: PK₨66.7b (up 14% from FY 2024). Profit margin: 19% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 10
Habib Bank Limited to Report Fiscal Year 2025 Results on Feb 18, 2026 Habib Bank Limited announced that they will report fiscal year 2025 results on Feb 18, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: PK₨11.53 (vs PK₨9.85 in 3Q 2024) Third quarter 2025 results: EPS: PK₨11.53 (up from PK₨9.85 in 3Q 2024). Revenue: PK₨89.8b (up 18% from 3Q 2024). Net income: PK₨16.9b (up 17% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 16
Habib Bank Limited to Report Q3, 2025 Results on Oct 23, 2025 Habib Bank Limited announced that they will report Q3, 2025 results on Oct 23, 2025 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨292, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Banks industry in Asia. Total returns to shareholders of 475% over the past three years. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: PK₨12.12 (vs PK₨9.81 in 2Q 2024) Second quarter 2025 results: EPS: PK₨12.12 (up from PK₨9.81 in 2Q 2024). Revenue: PK₨89.7b (up 21% from 2Q 2024). Net income: PK₨17.8b (up 24% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨260, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in Asia. Total returns to shareholders of 282% over the past three years. Aankondiging • Jul 25
Habib Bank Limited to Report Q2, 2025 Results on Jul 31, 2025 Habib Bank Limited announced that they will report Q2, 2025 results on Jul 31, 2025 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨158, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 112% over the past three years. Declared Dividend • May 02
Fourth quarter dividend of PK₨4.50 announced Shareholders will receive a dividend of PK₨4.50. Ex-date: 5th May 2025 Payment date: 29th May 2025 Dividend yield will be 11%, which is lower than the industry average of 14%. Sustainability & Growth Dividend is well covered by earnings (41% payout ratio) and is expected to be well covered in 3 years' time (41% forecast payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 2.7% over the next 3 years. However, it would need to fall by 55% to increase the payout ratio to a potentially unsustainable range. Upcoming Dividend • Mar 10
Upcoming dividend of PK₨4.25 per share Eligible shareholders must have bought the stock before 17 March 2025. Payment date: 21 April 2025. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Pakistani dividend payers (9.3%). In line with average of industry peers (12%). Declared Dividend • Feb 21
Fourth quarter dividend of PK₨4.25 announced Shareholders will receive a dividend of PK₨4.25. Ex-date: 17th March 2025 Payment date: 21st April 2025 Dividend yield will be 10%, which is lower than the industry average of 14%. Sustainability & Growth Dividend is well covered by earnings (40% payout ratio) and is expected to be well covered in 3 years' time (42% forecast payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.7% over the next 2 years. However, it would need to fall by 56% to increase the payout ratio to a potentially unsustainable range. Aankondiging • Feb 20
Habib Bank Limited, Annual General Meeting, Mar 26, 2025 Habib Bank Limited, Annual General Meeting, Mar 26, 2025. Location: islamabad Pakistan Price Target Changed • Feb 15
Price target increased by 12% to PK₨189 Up from PK₨170, the current price target is an average from 8 analysts. New target price is 17% above last closing price of PK₨163. Stock is up 48% over the past year. The company is forecast to post earnings per share of PK₨37.81 for next year compared to PK₨39.32 last year. Price Target Changed • Jan 10
Price target increased by 8.4% to PK₨170 Up from PK₨157, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of PK₨172. Stock is up 45% over the past year. The company is forecast to post earnings per share of PK₨38.72 for next year compared to PK₨39.32 last year. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨182, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 106% over the past three years. New Risk • Dec 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to PK₨170, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 83% over the past three years. Price Target Changed • Nov 25
Price target increased by 7.0% to PK₨157 Up from PK₨146, the current price target is an average from 5 analysts. New target price is 6.4% above last closing price of PK₨147. Stock is up 35% over the past year. The company is forecast to post earnings per share of PK₨40.70 for next year compared to PK₨39.32 last year. Reported Earnings • Oct 19
Third quarter 2024 earnings released: EPS: PK₨9.85 (vs PK₨11.34 in 3Q 2023) Third quarter 2024 results: EPS: PK₨9.85 (down from PK₨11.34 in 3Q 2023). Revenue: PK₨76.0b (flat on 3Q 2023). Net income: PK₨14.5b (down 13% from 3Q 2023). Profit margin: 19% (down from 22% in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the Banks industry in Pakistan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 18
Second quarter dividend of PK₨4.00 announced Shareholders will receive a dividend of PK₨4.00. Ex-date: 24th October 2024 Payment date: 18th November 2024 Dividend yield will be 12%, which is lower than the industry average of 14%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (40% forecast payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Jul 24
Price target increased by 10% to PK₨141 Up from PK₨128, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of PK₨141. Stock is up 67% over the past year. The company is forecast to post earnings per share of PK₨46.40 for next year compared to PK₨39.32 last year. Reported Earnings • Mar 12
Full year 2023 earnings released: EPS: PK₨39.32 (vs PK₨23.23 in FY 2022) Full year 2023 results: EPS: PK₨39.32 (up from PK₨23.23 in FY 2022). Revenue: PK₨286.3b (up 41% from FY 2022). Net income: PK₨57.7b (up 69% from FY 2022). Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Cost-to-income ratio: 56.8% (down from 58.8% in FY 2022). Non-performing loans: 5.19% (up from 4.85% in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 11
Upcoming dividend of PK₨4.00 per share Eligible shareholders must have bought the stock before 18 March 2024. Payment date: 23 April 2024. Payout ratio is a comfortable 25% and the cash payout ratio is 77%. Trailing yield: 8.5%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (16%). Major Estimate Revision • Mar 08
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from PK₨46.51 to PK₨40.82. Revenue forecast unchanged from PK₨358.8b at last update. Net income forecast to grow 3.8% next year vs 3.8% growth forecast for Banks industry in Pakistan. Consensus price target broadly unchanged at PK₨128. Share price was steady at PK₨115 over the past week. New Risk • Mar 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Feb 25
Third quarter dividend of PK₨4.00 announced Shareholders will receive a dividend of PK₨4.00. Ex-date: 18th March 2024 Payment date: 23rd April 2024 Dividend yield will be 8.6%, which is lower than the industry average of 14%. Sustainability & Growth The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Jan 23
Price target increased by 12% to PK₨120 Up from PK₨107, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of PK₨115. Stock is up 82% over the past year. The company is forecast to post earnings per share of PK₨42.57 for next year compared to PK₨23.23 last year. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨115, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 2x in the Banks industry in Pakistan. Total returns to shareholders of 11% over the past three years. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: PK₨11.34 (vs PK₨7.85 in 3Q 2022) Third quarter 2023 results: EPS: PK₨11.34 (up from PK₨7.85 in 3Q 2022). Revenue: PK₨76.6b (up 44% from 3Q 2022). Net income: PK₨16.6b (up 45% from 3Q 2022). Profit margin: 22% (in line with 3Q 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Price Target Changed • Oct 25
Price target increased by 7.4% to PK₨122 Up from PK₨114, the current price target is an average from 6 analysts. New target price is 25% above last closing price of PK₨97.45. Stock is up 40% over the past year. The company is forecast to post earnings per share of PK₨41.30 for next year compared to PK₨23.23 last year. Major Estimate Revision • Oct 25
Consensus EPS estimates increase by 16% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from PK₨35.70 to PK₨41.30. Revenue forecast unchanged at PK₨265.4b. Net income forecast to grow 14% next year vs 15% growth forecast for Banks industry in Pakistan. Consensus price target up from PK₨114 to PK₨122. Share price rose 2.4% to PK₨97.45 over the past week. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨90.77, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 2x in the Banks industry in Pakistan. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at PK₨72.65 per share. Upcoming Dividend • Mar 13
Upcoming dividend of PK₨1.50 per share at 9.0% yield Eligible shareholders must have bought the stock before 20 March 2023. Payment date: 19 April 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 9.0%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (15%). Price Target Changed • Feb 21
Price target decreased by 7.9% to PK₨144 Down from PK₨156, the current price target is an average from 6 analysts. New target price is 93% above last closing price of PK₨74.48. Stock is down 39% over the past year. The company is forecast to post earnings per share of PK₨24.26 for next year compared to PK₨23.88 last year. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨73.10, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 3x in the Banks industry in Pakistan. Total loss to shareholders of 47% over the past three years. Price Target Changed • Nov 18
Price target decreased to PK₨145 Down from PK₨156, the current price target is an average from 8 analysts. New target price is 111% above last closing price of PK₨68.48. Stock is down 46% over the past year. The company is forecast to post earnings per share of PK₨23.50 for next year compared to PK₨23.88 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Khaleel Ahmed was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 30
Upcoming dividend of PK₨1.50 per share Eligible shareholders must have bought the stock before 06 November 2022. Payment date: 29 November 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 13%. Within top quartile of Pakistani dividend payers (12%). In line with average of industry peers (13%). Aankondiging • Oct 06
Habib Bank Limited Appoints Usman Naveed Chaudhary as Company Secretary Habib Bank Limited announced that Mr. Usman Naveed Chaudhary has been appointed as Company Secretary of the company with effect from October 04, 2022 in place of Ms. Neelofar Hameed. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨68.19, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 3x in the Banks industry in Pakistan. Total loss to shareholders of 37% over the past three years. Buying Opportunity • Jul 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be PK₨107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 76% in the next 2 years. Buying Opportunity • Jun 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be PK₨115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 76% in the next 2 years. Buying Opportunity • Jun 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be PK₨115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 76% in the next 2 years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Khaleel Ahmed was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 14
Upcoming dividend of PK₨2.25 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 20 April 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 7.9%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (9.7%). Reported Earnings • Mar 11
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: PK₨23.88 (up from PK₨21.06 in FY 2020). Revenue: PK₨159.5b (up 7.4% from FY 2020). Net income: PK₨35.0b (up 13% from FY 2020). Profit margin: 22% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Cost-to-income ratio: 58.0% (down from 58.5% in FY 2020). Non-performing loans: 5.08% (down from 6.29% in FY 2020). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 15%, compared to a 6.5% growth forecast for the banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 20
Upcoming dividend of PK₨1.75 per share Eligible shareholders must have bought the stock before 27 October 2021. Payment date: 19 November 2021. Trailing yield: 5.6%. Lower than top quartile of Pakistani dividend payers (11%). Lower than average of industry peers (8.5%). Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS PK₨6.17 (vs PK₨6.85 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨38.6b (down 3.6% from 3Q 2020). Net income: PK₨9.05b (down 9.9% from 3Q 2020). Profit margin: 23% (down from 25% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 02
Upcoming dividend of PK₨1.75 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 01 October 2021. Trailing yield: 5.7%. Lower than top quartile of Pakistani dividend payers (9.1%). Lower than average of industry peers (8.7%). Reported Earnings • Aug 02
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨40.2b (down 2.1% from 2Q 2020). Net income: PK₨9.69b (down 12% from 2Q 2020). Profit margin: 24% (down from 27% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 04
Upcoming dividend of PK₨1.75 per share Eligible shareholders must have bought the stock before 10 May 2021. Payment date: 03 June 2021. Trailing yield: 5.6%. Lower than top quartile of Pakistani dividend payers (8.8%). Lower than average of industry peers (9.2%). Aankondiging • Apr 28
Habib Bank Limited Declares Interim Cash Dividend for the Quarter Ended March 31, 2021 Habib Bank Limited announced that the Board of Directors, in its meeting held on April 20, 2021 has declared an interim cash dividend of PKR 1.75 per share (17.5%) for the quarter ended March 31, 2021. Aankondiging • Apr 27
Habib Bank Limited Announces Unaudited Consolidated Interim Impairment Charge for the Quarter Ended March 31, 2021 Habib Bank Limited announced unaudited consolidated interim impairment charge for the quarter ended March 31, 2021. For the quarter, the company reported net charge of PKR 82,222,000. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS PK₨5.68 (vs PK₨2.79 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: PK₨38.8b (up 17% from 1Q 2020). Net income: PK₨8.34b (up 103% from 1Q 2020). Profit margin: 22% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS PK₨21.06 (vs PK₨10.45 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: PK₨148.6b (up 22% from FY 2019). Net income: PK₨30.9b (up 101% from FY 2019). Profit margin: 21% (up from 13% in FY 2019). The increase in margin was driven by higher revenue. Cost-to-income ratio: 58.5% (down from 73.5% in FY 2019). Non-performing loans: 6.29% (down from 6.59% in FY 2019). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) missed analyst estimates by 4.7%. Over the next year, revenue is expected to shrink by 6.3% compared to a 11% decline forecast for the Banks industry in Pakistan. Reported Earnings • Feb 18
Full year 2020 earnings released: EPS PK₨21.06 (vs PK₨10.45 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: PK₨148.5b (up 22% from FY 2019). Net income: PK₨30.9b (up 101% from FY 2019). Profit margin: 21% (up from 13% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) missed analyst estimates by 4.7%. Over the next year, revenue is forecast to stay flat compared to a 9.0% decline forecast for the Banks industry in Pakistan. Is New 90 Day High Low • Feb 18
New 90-day low: PK₨125 The company is down 4.0% from its price of PK₨130 on 20 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨21.37 per share. Price Target Changed • Jan 29
Price target raised to PK₨164 Up from PK₨153, the current price target is an average from 6 analysts. The new target price is 15% above the current share price of PK₨142. As of last close, the stock is down 13% over the past year. Is New 90 Day High Low • Jan 08
New 90-day high: PK₨140 The company is up 3.0% from its price of PK₨136 on 09 October 2020. The Pakistani market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨24.19 per share. Major Estimate Revision • Oct 26
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from PK₨18.51 to PK₨21.75. Revenue estimate for the same period was approximately flat at PK₨150.1b. Net income is expected to shrink by 8.0% next year compared to 8.9% decline forecast for the Banks industry in Pakistan. The consensus price target increased from PK₨146 to PK₨151. Share price stayed mostly flat at PK₨139 over the past week. Aankondiging • Oct 20
Habib Bank Limited Declares No Dividend for the Quarter Ended September 30, 2020 Habib Bank Limited in its Board of Directors' meeting held on October 16, 2020 has not declared any cash dividend in respect of the quarter ended September 30, 2020. Analyst Estimate Surprise Post Earnings • Oct 17
Third-quarter earnings released: Revenue and earnings beat expectations Third-quarter revenue exceeded analyst estimates by 21% at PK₨43.1b. Earnings per share (EPS) also surpassed analyst estimates by 37% at PK₨6.85. Revenue is forecast to grow 1.4% over the next year, compared to a 2.9% decline forecast for the Banks industry in Pakistan. Reported Earnings • Oct 17
Third quarter earnings released Over the last 12 months the company has reported total profits of PK₨31.9b, up 187% from the prior year. Total revenue was PK₨148.4b over the last 12 months, up 35% from the prior year. Is New 90 Day High Low • Oct 17
New 90-day high: PK₨139 The company is up 28% from its price of PK₨108 on 17 July 2020. The Pakistani market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is PK₨14.70 per share. Price Target Changed • Sep 18
Price target lowered to PK₨146 Down from PK₨157, the current price target is an average from 9 analysts. The new target price is 8.5% above the current share price of PK₨134. As of last close, the stock is up 8.5% over the past year.