Habib Metropolitan Bank Limited has posted Rs 1.437 billion as profit after tax in the quarter ended September 30, 2016 as compared to Rs 1.570 billion earned in the corresponding quarter last year. The board of directors of the bank in its meeting held here declared that the bank's earning per shares stood at Rs 1.37 in the period under review against Rs 1.50 in the same period in 2015.
According to the financial results, the banks mark-up/return/interest earning stood at Rs 8.508 billion against Rs 9.689 billion while mark-up/return/interest expenses reduced to Rs 5.632 billion against Rs 5.756 billion. The bank's non-mark-up/return/interest income increased to Rs 1.820 billion against Rs 1.001 billion while non-mark-up/return/interest expenses increased to Rs 2.443 billion against Rs 2.213 billion.
The bank's profit before taxation stood at Rs 2.210 billion in this quarter against Rs 2.418 billion in the same quarter last year. In the nine months period ended September 30, 2016, the bank's profit after stood at Rs 3.818 billion translating earning per share of Rs 3.64 as compared to PAT of Rs 5.998 billion with EPS of Rs 5.72 recorded in the same period in 2015.
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