<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">BAHL earnings expected at PkR3.76/sh in 1QCY22: Bank Al
Habib is set to announce its 1QCY22 results on April 19th, 2022 where we expect
the bank to post earnings of PkR4.2bn (EPS: PkR3.76) compared to PkR4.6bn (EPS:
PkR4.17) in the same period last year. On a sequential basis, earnings are
likely to be down 12.5%QoQ primarily on account of higher visibility of
repricing effect in the foregoing quarter and bank’s misplaced asset mix. As
such, net interest income is to decline 3.8%QoQ with NIMs standing at 3.1% in
1QCY22 vs. 3.6% in the previous quarter. Non-interest income is to decline
marginally due to one-offs present in the previous quarter (BAHL recognized
exchange gain on the closure of overseas branch in 4QCY21 of PkR293mn).
Provi...
