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Meezan Bank KASE:MEBL Stock Report

Last Price

PK₨218.52

Market Cap

PK₨392.2b

7D

-4.2%

1Y

44.9%

Updated

21 Dec, 2024

Data

Company Financials +

Meezan Bank Limited

KASE:MEBL Stock Report

Market Cap: PK₨392.2b

MEBL Stock Overview

An Islamic bank, engages in the provision of corporate, commercial, consumer, investment, and retail banking services in Pakistan. More details

MEBL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 10.7% below our estimate of its fair value

Earnings grew by 40.4% over the past year

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Meezan Bank Limited Competitors

United Bank

KASE:UBL

PK₨423.8b

MCB Bank

KASE:MCB

PK₨316.8b

Standard Chartered Bank (Pakistan)

KASE:SCBPL

PK₨215.7b

Habib Bank

KASE:HBL

PK₨229.6b

Price History & Performance

Summary of share price highs, lows and changes for Meezan Bank
Historical stock prices
Current Share PricePK₨218.52
52 Week HighPK₨281.00
52 Week LowPK₨146.00
Beta0.96
1 Month Change-7.03%
3 Month Change-7.41%
1 Year Change44.86%
3 Year Change78.42%
5 Year Change215.75%
Change since IPO11,760.61%

Recent News & Updates

Recent updates

Shareholder Returns

MEBLPK BanksPK Market
7D-4.2%-2.5%-4.6%
1Y44.9%50.1%54.3%

Return vs Industry: MEBL underperformed the PK Banks industry which returned 50.1% over the past year.

Return vs Market: MEBL underperformed the PK Market which returned 54.3% over the past year.

Price Volatility

Is MEBL's price volatile compared to industry and market?
MEBL volatility
MEBL Average Weekly Movement5.5%
Banks Industry Average Movement5.9%
Market Average Movement7.1%
10% most volatile stocks in PK Market10.1%
10% least volatile stocks in PK Market4.8%

Stable Share Price: MEBL has not had significant price volatility in the past 3 months compared to the PK market.

Volatility Over Time: MEBL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199714,220Irfan Siddiquiwww.meezanbank.com

Meezan Bank Limited, an Islamic bank, engages in the provision of corporate, commercial, consumer, investment, and retail banking services in Pakistan. It operates through Corporate and Commercial Banking, Retail Banking, Asset Management, Trading and Sales, and Others segments. The company offers trade finance, export finance, project finance, Ijarah, guarantees, and bills of exchange relating to its corporate and commercial customers; and engages un investment banking, syndication, IPO related, secondary private placement, underwriting, and securitization activities.

Meezan Bank Limited Fundamentals Summary

How do Meezan Bank's earnings and revenue compare to its market cap?
MEBL fundamental statistics
Market capPK₨392.19b
Earnings (TTM)PK₨105.14b
Revenue (TTM)PK₨309.26b

3.7x

P/E Ratio

1.7x

P/B Ratio

Is MEBL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEBL income statement (TTM)
RevenuePK₨309.26b
Cost of RevenuePK₨2.54b
Gross ProfitPK₨306.72b
Other ExpensesPK₨201.57b
EarningsPK₨105.14b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)58.58
Gross Margin99.18%
Net Profit Margin34.00%
Debt/Equity Ratio151.3%

How did MEBL perform over the long term?

See historical performance and comparison

Dividends

14.6%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 20:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meezan Bank Limited is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAKD Research
null nullAkseer Research (Pvt.) Limited
Syeda Khadija Tul QubraAkseer Research (Pvt.) Limited