HBL declares profit of Rs9.1bn for first quarter
Karachi: HBL today declared a consolidated profit after tax of Rs 9.1 billion for the first quarter of 2017, with earnings per share of Rs 6.16. Along with the results, the Bank declared a dividend of Rs 3.5 per share (35%).
HBL’s balance sheet has grown by 2% over December 2016 to reach Rs 2.6 trillion. Despite a decline in the market, the Bank’s deposits continued to grow, with market share rising to 14.2% and total deposits crossing Rs 1.9 trillion.