BR Research

Allied Bank: Going great guns!

Published February 15, 2012 Updated February 15, 2012 12:00am

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Allied Bank  Ltd
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(Rs mn)                               CY11      CY10     chg
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Markup Earned                      51,814    44,993      15%
Markup Expensed                   (26,643)  (22,428)     19%
Net Markup Income                  25,171    22,565      12%
Provisioning                       (3,009)   (4,083)    -26%
Net Markup income after provision  22,162    18,482      20%
Other  income                       6,950     5,672      23%
Operating revenues                 32,121    28,237      14%
Other  expenses                   (14,003)  (11,810)     19%
Profit before taxation             15,108    12,343      22%
Profit after taxation              10,140     8,225      23%
EPS (Rs)                            11.79      9.56
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Source: Company Accounts