Meezan Bank Limited (MEBL): 2QCY25 Result Review – By Taurus Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;"><strong>1QCY25 EPS:</strong> PKR 13.7. 1QCY25 PAT down 9%YoY.</span><span>&nbsp; </span><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">1HCY25 PAT down 10%YoY. Additionally, MEBL has also announced an interim cash dividend of PKR 7.00/sh., taking the CY25 TD dividend payout to PKR 14/sh.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;"><strong>Net Spread Earned (NSE):</strong> Down 9%YoY/ up 4%QoQ mainly due to substantial improvement in the cost of funds of the Bank, which can be attributed to the substantial decrease in leverage and low cost deposits mobilization during the quarter.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;"><s...