Meezan Bank Limited

KASE:MEBL Stock Report

Market Cap: PK₨418.7b

Meezan Bank Past Earnings Performance

Past criteria checks 3/6

Meezan Bank has been growing earnings at an average annual rate of 40.9%, while the Banks industry saw earnings growing at 25% annually. Revenues have been growing at an average rate of 39% per year. Meezan Bank's return on equity is 44.7%, and it has net margins of 34%.

Key information

40.9%

Earnings growth rate

40.9%

EPS growth rate

Banks Industry Growth20.1%
Revenue growth rate39.0%
Return on equity44.7%
Net Margin34.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Meezan Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:MEBL Revenue, expenses and earnings (PKR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24309,258105,1445,9650
30 Jun 24298,673104,7965,8010
31 Mar 24274,31195,4055,5800
31 Dec 23242,57985,4315,0470
30 Sep 23212,15574,8864,2460
30 Jun 23178,03960,6273,6940
31 Mar 23154,12851,1973,1960
31 Dec 22136,76244,9372,9380
30 Sep 22115,20037,0972,4760
30 Jun 22100,27032,5482,2160
31 Mar 2290,27431,3632,0460
31 Dec 2183,16328,2281,9680
30 Sep 2172,85423,8551,5080
30 Jun 2170,62623,5911,5000
31 Mar 2169,21423,4221,5070
31 Dec 2067,13522,3971,4680
30 Sep 2067,77223,0211,4950
30 Jun 2062,40620,1581,3530
31 Mar 2057,74917,6361,3240
31 Dec 1952,41815,5841,2330
30 Sep 1948,39213,3999210
30 Jun 1943,58311,7769230
31 Mar 1938,8599,7118140
31 Dec 1835,4458,9587480
30 Sep 1832,0177,560-12,1720
30 Jun 1830,5636,755-7,8770
31 Mar 1829,2586,115-3,4090
31 Dec 1728,1605,6195060
30 Sep 1727,6096,34516,6370
30 Jun 1726,5306,18516,2560
31 Mar 1725,3976,43615,6950
31 Dec 1624,6776,18215,5190
30 Sep 1624,0505,14115,7960
30 Jun 1623,3724,86215,2660
31 Mar 1623,6024,95414,8720
31 Dec 1522,9124,85814,2410
30 Sep 1522,0005,02213,3120
30 Jun 1521,0825,31912,4140
31 Mar 1518,8084,83811,3450
31 Dec 1417,5814,57010,6070
30 Sep 1416,4944,6569,8080
30 Jun 1415,5444,2779,3770
31 Mar 1414,6434,0818,8780

Quality Earnings: MEBL has high quality earnings.

Growing Profit Margin: MEBL's current net profit margins (34%) are lower than last year (35.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MEBL's earnings have grown significantly by 40.9% per year over the past 5 years.

Accelerating Growth: MEBL's earnings growth over the past year (40.4%) is below its 5-year average (40.9% per year).

Earnings vs Industry: MEBL earnings growth over the past year (40.4%) exceeded the Banks industry 30.1%.

Return on Equity

High ROE: Whilst MEBL's Return on Equity (44.7%) is outstanding, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 20:46
End of Day Share Price 2025/01/10 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. 3 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