<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Bank Al-Habib Limited (BAHL) is scheduled to announce its
1QCY18 earnings on April 17, 2018 where we expect the Bank to post earnings of
PKR 2.4bn (EPS: PKR 2.19) up 5%YoY, compared to PKR 2.3bn (EPS: PKR 2.08) for
SPLY, and a NIL cash payout for the quarter.</span></li><li><span> </span><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On a QoQ basis, we
expect earnings to grow 9%, on account of strong NII and NMI growth. We expect
advances to continue to grow in line with our year-end forecast, along with the
addition of further T-Bills, together culminating in 6%QoQ growth in interest
income against a flat fund cost due to lower leverage and higher sustainable
current accounts. NMI is expected to showcase robust growth (...
