Karachi, BankAL Habib Ltd. (BAHL), a prominent entity in the commercial banking sector, disclosed a record-breaking dividend payout and impressive earnings for the January-March 2024 quarter. The bank's earnings per share (EPS) stood at 77.9 rupees, underscoring its financial vigor and operational success.
In a significant move, BAHL escalated its dividend payout to 140% in 2023, up from 70% the previous year, marking a strategic achievement in shareholder value enhancement. The bank's paid-up capital is recorded at 11,114.25 million rupees, with a daily weighted average rate of 85.05 rupees.
Established in 1992 and listed on the Pakistan Stock Exchange, BankAL Habib Ltd. has demonstrated a steadfast commitment to financial excellence and shareholder returns. With a market lot of just one share, BAHL makes investment accessible to a broad spectrum of investors, reinforcing its position as a key player in the nation's banking industry.