Reported Earnings • May 01
First quarter 2026 earnings released: EPS: PK₨7.58 (vs PK₨10.28 in 1Q 2025) First quarter 2026 results: EPS: PK₨7.58 (down from PK₨10.28 in 1Q 2025). Revenue: PK₨66.3b (down 13% from 1Q 2025). Net income: PK₨16.1b (down 26% from 1Q 2025). Profit margin: 24% (down from 29% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨213, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 1,228% over the past three years. New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to PK₨190, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 1,031% over the past three years. Reported Earnings • Mar 10
Full year 2025 earnings released: EPS: PK₨39.97 (vs PK₨12.21 in FY 2024) Full year 2025 results: EPS: PK₨39.97 (up from PK₨12.21 in FY 2024). Revenue: PK₨308.6b (up 31% from FY 2024). Net income: PK₨85.0b (up 227% from FY 2024). Profit margin: 28% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 120% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Feb 28
Dividend increased to PK₨35.00 Dividend of PK₨35.00 is 338% higher than last year. Ex-date: 17th March 2026 Payment date: 20th April 2026 Dividend yield will be 13%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 3.8% 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 year. However, it would need to fall by 79% to increase the payout ratio to a potentially unsustainable range. Announcement • Feb 27
National Bank of Pakistan announces Annual dividend, payable on April 20, 2026 National Bank of Pakistan announced Annual dividend of PKR 35.0000 per share payable on April 20, 2026, ex-date on March 17, 2026 and record date on March 17, 2026. Announcement • Feb 26
National Bank of Pakistan, Annual General Meeting, Mar 30, 2026 National Bank of Pakistan, Annual General Meeting, Mar 30, 2026. Location: karachi Pakistan Announcement • 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. Announcement • Feb 16
National Bank of Pakistan to Report Fiscal Year 2025 Results on Feb 24, 2026 National Bank of Pakistan announced that they will report fiscal year 2025 results on Feb 24, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: PK₨10.83 (vs PK₨1.39 in 3Q 2024) Third quarter 2025 results: EPS: PK₨10.83 (up from PK₨1.39 in 3Q 2024). Revenue: PK₨80.5b (up 84% from 3Q 2024). Net income: PK₨23.0b (up PK₨20.1b from 3Q 2024). Profit margin: 29% (up from 6.7% in 3Q 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 103% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 16
National Bank of Pakistan to Report Nine Months, 2025 Results on Oct 28, 2025 National Bank of Pakistan announced that they will report nine months, 2025 results on Oct 28, 2025 Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨219, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 848% over the past three years. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨172, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total returns to shareholders of 591% over the past three years. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: PK₨9.77 (vs PK₨4.28 loss in 2Q 2024) Second quarter 2025 results: EPS: PK₨9.77 (up from PK₨4.28 loss in 2Q 2024). Revenue: PK₨78.1b (up 36% from 2Q 2024). Net income: PK₨20.8b (up PK₨29.9b from 2Q 2024). Profit margin: 27% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 19
National Bank of Pakistan to Report First Half, 2025 Results on Aug 28, 2025 National Bank of Pakistan announced that they will report first half, 2025 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨88.47, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 237% over the past three years. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: PK₨10.29 (vs PK₨4.57 in 1Q 2024) First quarter 2025 results: EPS: PK₨10.29 (up from PK₨4.57 in 1Q 2024). Revenue: PK₨76.3b (up 79% from 1Q 2024). Net income: PK₨21.9b (up 125% from 1Q 2024). Profit margin: 29% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Announcement • Apr 04
National Bank of Pakistan Announces Board Changes The National Bank of Pakistan (NBP) announced the appointment of two new directors to its board following clearance from the State Bank of Pakistan under the Fit and Proper Test (FPT) Criteria. The appointments, executed by the Federal Government, were finalized on March 28, 2025. Mr. Muhammad Sohail Tabba has been appointed as a Non-Executive Director, while Ms. Aaiza Khan will serve as an Independent Director on the board of NBP. These appointments mark a significant development for the bank as it seeks to enhance its governance framework with experienced professionals. The addition of Mr. Tabba and Ms. Khan to the board is expected to bring valuable insights and strategic direction to the National Bank of Pakistan. The recent appointments are anticipated to strengthen the bank's position in navigating the complexities of the financial landscape. New Risk • Mar 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). New Risk • Mar 11
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 9.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Upcoming Dividend • Mar 07
Upcoming dividend of PK₨8.00 per share Eligible shareholders must have bought the stock before 14 March 2025. Payment date: 18 April 2025. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 12%. Announcement • Mar 05
National Bank of Pakistan Announces Annual Dividend, Payable on April 18, 2025 National Bank of Pakistan announced Annual dividend of PKR 8.0000 per share payable on April 18, 2025, ex-date on March 14, 2025 and record date on March 17, 2025. Announcement • Mar 04
National Bank of Pakistan, Annual General Meeting, Mar 25, 2025 National Bank of Pakistan, Annual General Meeting, Mar 25, 2025. Location: at national bank of pakistan, head office building, i. i. chundrigar road, karachi Pakistan Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨73.13, the stock trades at a trailing P/E ratio of 9x. Average forward P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 105% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨59.81, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨72.32, 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. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: PK₨1.39 (vs PK₨5.78 in 3Q 2023) Third quarter 2024 results: EPS: PK₨1.39 (down from PK₨5.78 in 3Q 2023). Revenue: PK₨43.8b (down 2.1% from 3Q 2023). Net income: PK₨2.95b (down 76% from 3Q 2023). Profit margin: 6.7% (down from 28% in 3Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨69.89, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 110% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: PK₨4.28 loss per share (vs PK₨7.42 profit in 2Q 2023) Second quarter 2024 results: PK₨4.28 loss per share (down from PK₨7.42 profit in 2Q 2023). Revenue: PK₨57.3b (up 8.0% from 2Q 2023). Net loss: PK₨9.12b (down 158% from profit in 2Q 2023). Revenue is forecast to grow 5.6% 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 18% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨60.65, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 90% over the past three years. Price Target Changed • Aug 28
Price target increased by 43% to PK₨68.70 Up from PK₨48.00, the current price target is provided by 1 analyst. New target price is 33% above last closing price of PK₨51.59. Stock is up 133% over the past year. The company is forecast to post earnings per share of PK₨9.50 for next year compared to PK₨24.96 last year. Announcement • Aug 22
National Bank of Pakistan to Report First Half, 2024 Results on Aug 28, 2024 National Bank of Pakistan announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Jul 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to PK₨50.92, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 49% over the past three years. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: PK₨4.56 (vs PK₨5.29 in 1Q 2023) First quarter 2024 results: EPS: PK₨4.56 (down from PK₨5.29 in 1Q 2023). Revenue: PK₨42.7b (up 6.3% from 1Q 2023). Net income: PK₨9.71b (down 14% from 1Q 2023). Profit margin: 23% (down from 28% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 03
Price target increased by 53% to PK₨48.00 Up from PK₨31.33, the current price target is an average from 2 analysts. New target price is 21% above last closing price of PK₨39.55. Stock is up 88% over the past year. The company posted earnings per share of PK₨24.96 last year. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: PK₨24.96 (vs PK₨14.49 in FY 2022) Full year 2023 results: EPS: PK₨24.96 (up from PK₨14.49 in FY 2022). Revenue: PK₨197.3b (up 38% from FY 2022). Net income: PK₨53.1b (up 72% from FY 2022). Profit margin: 27% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: PK₨5.78 (vs PK₨3.29 in 3Q 2022) Third quarter 2023 results: EPS: PK₨5.78 (up from PK₨3.29 in 3Q 2022). Revenue: PK₨44.7b (up 32% from 3Q 2022). Net income: PK₨12.3b (up 76% from 3Q 2022). Profit margin: 28% (up from 21% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: PK₨7.42 (vs PK₨1.18 in 2Q 2022) Second quarter 2023 results: EPS: PK₨7.42 (up from PK₨1.18 in 2Q 2022). Revenue: PK₨53.1b (up 42% from 2Q 2022). Net income: PK₨15.8b (up PK₨13.3b from 2Q 2022). Profit margin: 30% (up from 6.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Banks industry in Pakistan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Price Target Changed • May 05
Price target decreased by 49% to PK₨36.48 Down from PK₨71.16, the current price target is an average from 3 analysts. New target price is 70% above last closing price of PK₨21.47. Stock is down 29% over the past year. The company posted earnings per share of PK₨14.49 last year. Reported Earnings • Mar 11
Full year 2022 earnings released: EPS: PK₨14.49 (vs PK₨13.44 in FY 2021) Full year 2022 results: EPS: PK₨14.49 (up from PK₨13.44 in FY 2021). Revenue: PK₨142.8b (up 14% from FY 2021). Net income: PK₨30.8b (up 7.8% from FY 2021). Profit margin: 22% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Feb 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Farid Malik is the most experienced director on the board, commencing their role in 2017. Independent Director Ahsan Chughtai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 31
National Bank of Pakistan Announces Executive Appointments National Bank of Pakistan informed Pakistan Stock Exchange that Mr. Ashraf Mahmood Wathra has been appointed as Chairman, Mr. Ali Syed and Mr. Amjad Mahmood as Directors of the company with effect from January 27, 2023. Price Target Changed • Nov 16
Price target increased to PK₨73.30 Up from PK₨45.00, the current price target is an average from 4 analysts. New target price is 188% above last closing price of PK₨25.44. Stock is down 27% over the past year. The company is forecast to post earnings per share of PK₨17.40 for next year compared to PK₨13.44 last year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨32.93, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 17% over the past three years. Price Target Changed • Apr 27
Price target increased to PK₨54.33 Up from PK₨45.00, the current price target is provided by 1 analyst. New target price is 77% above last closing price of PK₨30.62. Stock is down 14% over the past year. The company is forecast to post earnings per share of PK₨17.40 for next year compared to PK₨13.44 last year. Board Change • Apr 27
High number of new directors Independent Director Ahsan Chughtai was the last director to join the board, commencing their role in 2021. Upcoming Dividend • Mar 14
Inaugural dividend of PK₨1.00 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 20 April 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 9.7%. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨30.07, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total loss to shareholders of 31% over the past three years. Price Target Changed • Feb 09
Price target decreased to PK₨45.00 Down from PK₨52.70, the current price target is provided by 1 analyst. New target price is 22% above last closing price of PK₨36.91. Stock is down 8.2% over the past year. The company is forecast to post earnings per share of PK₨17.00 for next year compared to PK₨14.33 last year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS PK₨3.55 (vs PK₨5.20 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨29.4b (down 12% from 3Q 2020). Net income: PK₨7.55b (down 32% from 3Q 2020). Profit margin: 26% (down from 33% 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 18% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS PK₨4.31 (vs PK₨5.15 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: PK₨31.9b (up 4.2% from 2Q 2020). Net income: PK₨9.17b (down 16% from 2Q 2020). Profit margin: 29% (down from 36% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Executive Departure • Jun 01
Non-Executive Director has left the company On the 27th of May, Muhammad Sohail Rajput's tenure as Non-Executive Director ended after 2.1 years in the role. As of March 2021, Muhammad Sohail personally held only 3.00k shares (PK₨85k worth at the time). Muhammad Sohail is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS PK₨3.67 (vs PK₨1.94 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: PK₨27.5b (up 29% from 1Q 2020). Net income: PK₨7.81b (up 90% from 1Q 2020). Profit margin: 28% (up from 19% 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 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨36.90, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Banks industry in Pakistan. Total loss to shareholders of 28% over the past three years. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS PK₨14.33 (vs PK₨7.79 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: PK₨111.0b (up 15% from FY 2019). Net income: PK₨30.5b (up 84% from FY 2019). Profit margin: 28% (up from 17% in FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue and earnings miss expectations Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 9.7% compared to a 11% decline forecast for the Banks industry in Pakistan. Is New 90 Day High Low • Feb 23
New 90-day low: PK₨38.28 The company is down 2.0% from its price of PK₨38.96 on 25 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 2.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: PK₨41.89 The company is up 1.0% from its price of PK₨41.67 on 10 September 2020. The Pakistani market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Banks industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of PK₨26.1b, up 28% from the prior year. Total revenue was PK₨109.8b over the last 12 months, up 13% from the prior year. Announcement • Sep 18
National Bank of Pakistan to Report Q2, 2020 Results on Sep 22, 2020 National Bank of Pakistan announced that they will report Q2, 2020 results on Sep 22, 2020