Habib Bank Limited Declares Robust Quarterly Financials and Announces Dividend

Karachi, Habib Bank Limited reported strong financial results for the first quarter ending March 31, 2024. On an unconsolidated basis, the bank declared a pre-tax profit of PKR 29,691.816 million and a post-tax profit of PKR 14,594.977 million, with earnings per share of PKR 9.95. Additionally, a dividend of 40% was declared. The consolidated financials were slightly higher with a pre-tax profit of PKR 30,113.283 million and a post-tax profit of PKR 15,043.583 million, resulting in earnings per share of PKR 10.37. The book will close from May 6 to May 8, 2024.