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Last update: Wed, 28 Sep 2016 11am

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Banks are supposed to lend and Summit Bank (KSE: SMBL) does that. Lending is also supposed to be risky at times, and Summit is facing just that. Being small in size does not help, but the yesteryears problems seem to have made a comeback at Summit. The asset and deposit bases are almost flat - gross spreads have improved, cost of deposit is down but provisioning is back to haunt.
Bankers today must be great friends with Dar and company. You don mind making high, risk-free returns under any circumstances, and no least when the spreads are low. UBL, much like the similar-sized banks is doing pretty well, at least in terms of profitability, if not core banking. You would love to be a shareholder today in any of the leading bank - you would not want to be a depositor though.
The boilers are going round and round after a year of prolonged repairs and overhauls at Hub Power Company Limited (KSE: HUBC). Where FY14 had turned out to be a sluggish year for HUBC due to the onerous overhaul of Hub plants, the firm seems to be reaping the benefits of the maintenance activity in the ongoing fiscal year. At least, HUBCs 1QFY15 financial performance speaks for that.
Big players play big matches! And Jubilee Life Insurance precisely knows how to cheer its audience even in the toughest matches. Being the largest private sector life insurer, the companys performance curve is steep after a remarkable, 47 percent year-on-year bottomline growth in 9MCY14.
EFU Life Assurance (KSE: EFUL), the countrys second-largest private sector life insurer, is growing steadily, evident in the 12 percent bottomline growth seen in the latest nine-month period ending September 2014.
Silk Bank (KSE: SILK) has started to turn it around. No comparison to the bigger brothers, but the improvement is worth applauding. Heartening to see, Silk did it the hard way. It lent more and significantly more than it invested in the risk-free parking-lot that is the PIB. No wonder Silk boasts one of the highest ADRs in the industry, touching 78 percent.
For Samba Bank (KSE: SBL), there is much to savour. The bank closed the nine-month period ending September 2014 with a whopping growth of nearly five times.