HBL lifts PIB holdings Rs450bn; sees yields rise on floating
HBL profit rates should firm as floating-rate securities reprice, management told analysts, after third-quarter earnings of Rs19.6 billion and a Rs6-a-share interim cash dividend.
Management expects investment portfolio yields to rise gradually as floating-rate securities reprice.
As of September 2026, floating-rate securities were about 60% of the investment book; MTBs 15% and fixed-rate 25%.
Third-quarter 2026 earnings were Rs19.6 billion, or Rs13.33 a share, up 6.5% from the prior quarter, with a Rs6 interim cash dividend.
Current-account deposits rose 15%, or Rs273 billion, in the nine months to September 2026, to 40% of total deposits.
Asset quality held: infection ratio 4.5% and specific coverage 85%, the bank said.