JS Securities Limited - Result Review.

Karachi -- February 22, 2019 (PPI-OT)

HMB: CY18 profits up by 12% YoY

Habib Metropolitan Bank Ltd (HMB) announced its CY18 result today posting PAT of Rs6.16bn (EPS: Rs5.88), up 12% YoY. The bank also announced annual cash dividend of Rs2/share. For 4QCY18, earnings clocked in 28% YoY lower at Rs1.56/share. While Net Interest Income increased by 25% YoY, growth of 30% YoY in Operating Expenses dragged the...

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