Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: PK₨0.19 (vs PK₨0.15 in 1Q 2025) First quarter 2026 results: EPS: PK₨0.19 (up from PK₨0.15 in 1Q 2025). Revenue: PK₨1.77b (up 5.3% from 1Q 2025). Net income: PK₨193.3m (up 16% from 1Q 2025). Profit margin: 11% (up from 9.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Apr 16
Samba Bank Limited to Report Q1, 2026 Results on Apr 23, 2026 Samba Bank Limited announced that they will report Q1, 2026 results at 4:15 PM, Pakistan Standard Time on Apr 23, 2026 Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨8.97, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total returns to shareholders of 19% over the past three years. New Risk • Mar 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (PK₨12.0b market cap, or US$43.0m). Announcement • Feb 19
Samba Bank Limited, Annual General Meeting, Mar 26, 2026 Samba Bank Limited, Annual General Meeting, Mar 26, 2026. Location: islamabad Pakistan Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: PK₨0.72 (vs PK₨0.69 in FY 2024) Full year 2025 results: EPS: PK₨0.72 (up from PK₨0.69 in FY 2024). Revenue: PK₨7.08b (down 2.2% from FY 2024). Net income: PK₨727.2m (up 4.0% from FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Samba Bank Limited to Report Fiscal Year 2025 Results on Feb 17, 2026 Samba Bank Limited announced that they will report fiscal year 2025 results on Feb 17, 2026 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨15.27, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 178% over the past three years. New Risk • Dec 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (PK₨14.0b market cap, or US$49.9m). Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨13.87, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 104% over the past three years. New Risk • Oct 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (PK₨13.1b market cap, or US$46.7m). Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: PK₨0.28 (vs PK₨0.10 in 3Q 2024) Third quarter 2025 results: EPS: PK₨0.28 (up from PK₨0.10 in 3Q 2024). Revenue: PK₨6.43b (up 330% from 3Q 2024). Net income: PK₨286.9m (up 177% from 3Q 2024). Profit margin: 4.5% (down from 6.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 26% per year. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨12.98, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 7x in the Banks industry in Pakistan. Total returns to shareholders of 119% over the past three years. Announcement • Oct 13
Samba Bank Limited to Report Q3, 2025 Results on Oct 20, 2025 Samba Bank Limited announced that they will report Q3, 2025 results on Oct 20, 2025 New Risk • Oct 02
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 7.1% 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: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (PK₨12.4b market cap, or US$44.2m). Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨11.01, the stock trades at a trailing P/E ratio of 50x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 69% over the past three years. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: PK₨0.02 (vs PK₨0.30 in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.02 (down from PK₨0.30 in 2Q 2024). Revenue: PK₨1.24b (down 32% from 2Q 2024). Net income: PK₨18.7m (down 94% from 2Q 2024). Profit margin: 1.5% (down from 17% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Aug 21
Samba Bank Limited to Report Q2, 2025 Results on Aug 27, 2025 Samba Bank Limited announced that they will report Q2, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨8.98, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨8.01, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total loss to shareholders of 36% over the past three years. New Risk • Apr 08
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 6.1% 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: Major Risk Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (9.7% net profit margin). Market cap is less than US$100m (PK₨9.59b market cap, or US$34.2m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨10.37, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total loss to shareholders of 12% over the past three years. Reported Earnings • Apr 01
Full year 2024 earnings released: EPS: PK₨0.69 (vs PK₨1.23 in FY 2023) Full year 2024 results: EPS: PK₨0.69 (down from PK₨1.23 in FY 2023). Revenue: PK₨7.24b (up 3.1% from FY 2023). Net income: PK₨699.3m (down 43% from FY 2023). Profit margin: 9.7% (down from 18% in FY 2023). The decrease in margin was driven by higher expenses. Cost-to-income ratio: 59.4% (up from 51.9% in FY 2023). Non-performing loans: 15.00% (up from 9.09% in FY 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Mar 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.6% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (9.6% net profit margin). Market cap is less than US$100m (PK₨8.25b market cap, or US$29.5m). Announcement • Mar 14
Samba Bank Limited, Annual General Meeting, Apr 17, 2025 Samba Bank Limited, Annual General Meeting, Apr 17, 2025. Location: islamabad Pakistan Board Change • Feb 14
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. 6 non-independent directors. Independent Director Javed Kureishi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 16
Bank Alfalah Limited (KASE:BAFL) cancelled the acquisition of 84.51% stake in Samba Bank Limited (KASE:SBL) from The Saudi National Bank (SASE:1180). Bank Alfalah Limited (KASE:BAFL) signed a letter of intent to acquire 84.51% stake in Samba Bank Limited (KASE:SBL) from The Saudi National Bank (SASE:1180) on April 9, 2024. Bank Alfalah will acquire 852.04 million shares of Samba Bank.
Bank Alfalah Limited (KASE:BAFL) cancelled the acquisition of 84.51% stake in Samba Bank Limited (KASE:SBL) from The Saudi National Bank (SASE:1180) on November 14, 2024. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: PK₨0.10 (vs PK₨0.35 in 3Q 2023) Third quarter 2024 results: EPS: PK₨0.10 (down from PK₨0.35 in 3Q 2023). Revenue: PK₨1.49b (down 21% from 3Q 2023). Net income: PK₨103.7m (down 71% from 3Q 2023). Profit margin: 6.9% (down from 19% in 3Q 2023). The decrease in margin was driven by lower revenue. 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 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨11.61, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨10.00, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 58% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: PK₨0.30 (vs PK₨0.42 in 2Q 2023) Second quarter 2024 results: EPS: PK₨0.30 (down from PK₨0.42 in 2Q 2023). Revenue: PK₨1.84b (up 1.6% from 2Q 2023). Net income: PK₨304.2m (down 29% from 2Q 2023). Profit margin: 17% (down from 24% in 2Q 2023). The decrease in margin was driven by higher expenses. 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 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 22
Samba Bank Limited to Report Q2, 2024 Results on Aug 27, 2024 Samba Bank Limited announced that they will report Q2, 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨12.37, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨12.76, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨12.03, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 98% over the past three years. Announcement • Apr 16
Bank Alfalah to Acquire Samba Bank Samba Bank Limited (KASE:SBL) informed the PSX on April 15, 2024 that the bank has received a firm intention pursuant to a public announcement of intention from Bank Alfalah Limited (KASE:BAFL) through its manager to acquire 852.04 million voting shares, representing 84.51% of the paid-up capital of Samba Bank. This intention was notified to the board of directors of Samba Bank on April 9, 2024, and remains subject to requisite regulatory approvals, diligence, and execution of definitive agreements. Bank Alfalah aims to acquire the majority (controlling) shares of Samba Bank from The Saudi National Bank (SASE:1180). Saudi National Bank (SNB) reported that it has received a non-binding offer from Bank Alfalah Limited regarding the proposed divestment of SNB's 100% stake in Samba Bank (representing approximately 84.51% of shares in Samba Pakistan). 'SNB has agreed to evaluate the non-binding offer and will, subject to compliance with requirements under applicable law, including execution of a non-disclosure agreement, issuance of a public announcement of intention by Bank Alfalah Limited under the Securities Act, 2015, and approval from the State Bank of Pakistan, invite Bank Alfalah Limited to conduct due diligence on Samba Pakistan.' Any decision relating to the potential transaction shall be subject to internal and regulatory approvals, and execution of definitive agreements, it added. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨12.00, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 3x in the Banks industry in Pakistan. Total returns to shareholders of 86% over the past three years. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: PK₨1.23 (vs PK₨0.42 loss in FY 2022) Full year 2023 results: EPS: PK₨1.23 (up from PK₨0.42 loss in FY 2022). Revenue: PK₨7.02b (up 124% from FY 2022). Net income: PK₨1.24b (up PK₨1.66b from FY 2022). Profit margin: 18% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Oct 04
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Non-Executive Director Timour Pasha is the most experienced director on the board, commencing their role in 2019. Independent Director Javed Kureishi was the last independent director to join the board, commencing their role in 2022. 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. Board Change • Sep 07
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Non-Executive Director Timour Pasha is the most experienced director on the board, commencing their role in 2019. Independent Director Javed Kureishi was the last independent director to join the board, commencing their role in 2022. 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. Reported Earnings • Mar 10
Full year 2022 earnings released: PK₨0.42 loss per share (vs PK₨0.78 profit in FY 2021) Full year 2022 results: PK₨0.42 loss per share (down from PK₨0.78 profit in FY 2021). Revenue: PK₨3.13b (down 33% from FY 2021). Net loss: PK₨427.9m (down 154% from profit in FY 2021). Cost-to-income ratio: 81.5% (up from 59.3% in FY 2021). Non-performing loans: 6.53% (up from 5.26% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to PK₨6.50, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨7.48, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 8.6% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨5.61, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total loss to shareholders of 18% over the past three years. Announcement • Dec 14
Samba Bank Limited Announces Board Changes Samba Bank Limited announced that Mr. Javed Kureishi has been appointed as Independent Director of the Company with effect from December 13, 2022 in Place of Mr. Tariq Javed. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨7.95, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 33% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 6 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: 2 independent directors. 6 non-independent directors. Independent Director Zeeba Ansar 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. Announcement • Oct 25
Samba Bank Limited Announces Executive Changes Samba Bank Limited informed Pakistan Stock Exchange that Mr. Mustafa Ilyas, Mr. Ali Muhammad Mahoon and Mr. Nasser Al-Fraih have been appointed as Non-Executive Directors with effect from October 20, 2022 in place of Mr. Humayun Murad and Mr. Aiman Gusti. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨5.92, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total loss to shareholders of 8.4% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment deteriorated over the past week After last week's 19% share price decline to PK₨8.00, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 4x in the Banks industry in Pakistan. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorated over the past week After last week's 21% share price decline to PK₨9.62, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total returns to shareholders of 103% over the past three years. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨12.59, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 5x in the Banks industry in Pakistan. Total returns to shareholders of 201% over the past three 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. 6 non-independent directors. Independent Director Zeeba Ansar 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 • Feb 11
Upcoming dividend of PK₨0.60 per share Eligible shareholders must have bought the stock before 18 February 2022. Payment date: 21 March 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Pakistani dividend payers (9.8%). Lower than average of industry peers (7.8%). Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS PK₨0.35 (vs PK₨0.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨1.45b (up 37% from 3Q 2020). Net income: PK₨356.6m (up 64% from 3Q 2020). Profit margin: 25% (up from 21% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 23% share price gain to PK₨8.00, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 6x in the Banks industry in Pakistan. Total returns to shareholders of 31% over the past three years. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS PK₨0.45 (vs PK₨0.45 in 2Q 2020) The company reported a solid second quarter result with improved revenues, although earnings and profit margins were flat. Second quarter 2021 results: Revenue: PK₨1.58b (up 3.8% from 2Q 2020). Net income: PK₨457.1m (flat on 2Q 2020). Profit margin: 29% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. Executive Departure • May 04
Independent Director has left the company On the 28th of April, Arjumand Minai's tenure as Independent Director ended after 3.4 years in the role. We don't have any record of a personal shareholding under Arjumand's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS PK₨0.33 (vs PK₨0.25 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: PK₨255.2m (down 78% from 1Q 2020). Net loss: PK₨335.7m (down 234% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS PK₨1.00 (vs PK₨0.68 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: PK₨4.69b (up 21% from FY 2019). Net income: PK₨1.01b (up 47% from FY 2019). Profit margin: 22% (up from 18% 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 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Executive Departure • Feb 02
Non-Executive Director has left the company On the 31st of January, Ranya Nashar's tenure as Non-Executive Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under Ranya's name. Ranya is the only executive to leave the company over the last 12 months. Announcement • Jan 29
Ranya Nashars Resigns as Director of Samba Bank Limited, Effective January 31, 2021 Samba Bank Limited announced that Mr. Ranya Nashar, Director of the Bank has resigned from the office of the Director of the Bank with effect from January 31, 2021. Valuation Update With 7 Day Price Move • Nov 02
Market pulls back on stock over the past week After last week's 18% share price decline to PK₨7.10, the stock is trading at a trailing P/E ratio of 6.5x, down from the previous P/E ratio of 8x. This compares to an average P/E of 5x in the Banks industry in Pakistan. Total returns to shareholders over the past three years are 1.4%. Reported Earnings • Oct 27
Third quarter earnings released Over the last 12 months the company has reported total profits of PK₨1.09b, up 67% from the prior year. Total revenue was PK₨4.69b over the last 12 months, up 30% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day high: PK₨9.62 The company is up 37% from its price of PK₨7.01 on 16 July 2020. The Pakistani market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 39% share price gain to PK₨9.62, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 6.7x. This compares to an average P/E of 6x in the Banks industry in Pakistan. Total returns to shareholders over the past three years are 41%. Is New 90 Day High Low • Sep 25
New 90-day low: PK₨6.70 The company is down 15% from its price of PK₨7.91 on 26 June 2020. The Pakistani market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 25% over the same period. 