IGI Securities Limited Archives - AsiaNet-Pakistan

Tag: IGI Securities Limited

IGI Securities Limited – HBL: Conference Call takeaways

May 4, 2015 | Brokerage

Karachi, May 04, 2015 (PPI-OT): HBL bank has posted PKR 9.9bn (EPS: PKR 6.8/share) in 1QCY15; up by 63%YoY. Primarily, this is driven by i) Average balance sheet growth of 17%, ii) NIMs up by 1.13xYoY due to shift in investment portfolio from shorter tenure T-bills to longer tenure PIBs and iii) 300bpsYoY Growth in …

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IGI Securities Limited – BAFL: Earnings clocked in at PKR 1.25/share

April 23, 2015 | Brokerage

Karachi, April 23, 2015 (PPI-OT): BAFL posted exceptional results for 1QCY15. The banks’ earnings clocked in at PKR 3.0bn (EPS: PKR 1.25) in 1QCY15 from PKR 1.7bn (EPS: PKR 0.71), up 76%YoY. Key Financial Highlights: (i)59%YoY/6%QoQ growth in NII, (ii) 7%YoY decline in provisioning for advances, (iii) 1.24xYoY rise in gain on sale of securities, …

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