Habib Bank Limited (HBL): 1QCY25 EPS arrives at PKR 11.3; PAT up 11%YoY/ up 14%QoQ - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">1QCY25 EPS: PKR 11.3. 1QCY25 PAT up 11%YoY &ndash; in line with expectations. In addition, HBL has also announced an interim DPS of PKR 4.50. Profitability has improved mainly due to uptick in the net-interest margin for the Bank.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Net Interest Income (NII): Up 14%YoY/QoQ, wherein the decline in interest income was more than offset by lower interest expenses which can be attributed to lower cost of funds as a result of lower leverage and benefit of the new MDR regime.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Non-Markup Income (NMI): Up 7%YoY. However, declined 40% on a sequential basis primarily due t...