Karachi: Habib Bank Ltd. (HBL) hosted an analyst briefing to discuss its financial performance for the first nine months of the calendar year 2026. The briefing highlighted a 5% year-on-year increase in consolidated profit, reaching PkR54.0 billion, compared to PkR51.3 billion during the same period last year.
According to AKD Securities Limited, this financial growth was accompanied by a 1% year-on-year increase in Net Interest Income (NII), which rose to PkR210 billion. This increase was attributed to the expansion of HBL's asset base and an efficient funding mix. Analysts have expressed confidence in HBL's future performance, maintaining a 'BUY' recommendation with a target price of PkR483 per share by December 2026. The positive outlook is based on several factors, including the continued expansion of the bank's low-cost deposit base, the improvement of transaction channels through a focus on technology, enhancement in asset quality, and strategic book building.