{"id":11402,"date":"2025-08-28T15:34:41","date_gmt":"2025-08-28T10:34:41","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=11402"},"modified":"2025-08-28T15:34:43","modified_gmt":"2025-08-28T10:34:43","slug":"bank-al-habibs-april-june-2025-results-a-mixed-quarter","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/bank-al-habibs-april-june-2025-results-a-mixed-quarter\/","title":{"rendered":"Bank Al-Habib\u2019s April\u2013June 2025 Results: A Mixed Quarter"},"content":{"rendered":"\n

Bank Al-Habib Limited (BAHL<\/a>)<\/strong> announced its results for April\u2013June 2025 (2QCY25), showing weaker profits compared to last year and the previous quarter. Let\u2019s break down the key numbers in simple terms.<\/p>\n\n\n\n

Key highlights<\/h2>\n\n\n\n
    \n
  • Net Profit (PAT):<\/strong> PKR 9.1 billion<\/strong><\/li>\n\n\n\n
  • Earnings per Share (EPS):<\/strong> PKR 8.2<\/strong><\/li>\n\n\n\n
  • This is 18% lower than last year<\/strong> and 11% lower than last quarter<\/strong>.<\/li>\n<\/ul>\n\n\n\n

    The bank also announced a cash dividend of PKR 3.5 per share<\/strong>, taking the total payout for the first half of the year to PKR 7.0 per share<\/strong>.<\/p>\n\n\n\n

    What hurt the profits?<\/h2>\n\n\n\n
      \n
    1. Lower Interest Income (NII):<\/strong>\n
        \n
      • Net Interest Income (NII) fell 13% YoY<\/strong> to PKR 32.8 billion, mainly because lending rates (yields) declined.<\/li>\n\n\n\n
      • The bank\u2019s net interest margin (NIM) dropped to 4.3%<\/strong> (from 4.6% last quarter).<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Higher Costs:<\/strong>\n
          \n
        • Operating expenses rose to PKR 23.4 billion (+5% YoY, +7% QoQ<\/strong>).<\/li>\n\n\n\n
        • Cost-to-income ratio climbed to 57.9%<\/strong>, showing expenses are rising faster than income.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n

          The positives<\/h2>\n\n\n\n
            \n
          • Non-Interest Income:<\/strong>
            BAHL earned PKR 7.6 billion from non-interest sources, 16% higher YoY<\/strong>, thanks to stronger foreign exchange (FX) and dividend income.<\/li>\n\n\n\n
          • Provisioning Reversal:<\/strong>
            Instead of setting aside money for bad loans, BAHL actually recorded a reversal of PKR 1.5 billion<\/strong>, which supported profits.<\/li>\n<\/ul>\n\n\n\n

            Taxes<\/h2>\n\n\n\n

            The effective tax rate came in at 50.7%<\/strong>, slightly higher than last year\u2019s 48%. This further squeezed net profit.<\/p>\n\n\n\n

            In summary<\/h2>\n\n\n\n

            Bank Al-Habib had a challenging quarter:<\/p>\n\n\n\n

              \n
            • Profits fell<\/strong> because of lower interest income and rising costs.<\/li>\n\n\n\n
            • Non-interest income and provisioning reversals<\/strong> provided some relief.<\/li>\n\n\n\n
            • The bank rewarded shareholders with a steady dividend<\/strong>.<\/li>\n<\/ul>\n\n\n\n

              Looking ahead, BAHL\u2019s performance will likely depend on how interest rates, costs, and income from FX\/dividends evolve in the coming quarters.<\/p>\n\n\n\n

              Source: AKD Securities <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

              Bank Al-Habib Limited (BAHL) announced its results for April\u2013June 2025 (2QCY25), showing weaker profits compared to last year and the previous quarter. Let\u2019s break down the key numbers in simple terms.<\/p>\n","protected":false},"author":11,"featured_media":6465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,138],"tags":[117],"class_list":["post-11402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-financials","tag-bahl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/BAHL-STOCK-PSX.png",712,445,false],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/BAHL-STOCK-PSX.png",463,289,false],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/BAHL-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/BAHL-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=11402"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11402\/revisions"}],"predecessor-version":[{"id":11403,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11402\/revisions\/11403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/6465"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=11402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=11402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=11402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}