Over the last four quarters, HMB earned a cumulative net income of Rs. 23 per share, while distributing a total cash dividend of Rs. 10.5 per share. However, the company's net income for the last four quarters was 1.9% lower than the total net income from the preceding four quarters. The effective tax rate for the latest quarter stood at 47% compared to 51% in the same quarter last year.
Currently, HMB is trading at a price-to-earnings ratio of 3, offering a dividend yield of 15%. The stock has gained over 32% in last six months.
The bank has a 1.34% exposure in the KSE100 Index, with no exposure in the KSE30 or KMI30 indices.
Download Earning release Q2 Jun 2024.