Meezan Bank Limited

COMMERCIAL BANKS Views 15+
Rs.223.49
-0.69
(-0.31%)
Open
225.00
High
225.50
Low
223.00
Volume
918,987
CIRCUIT BREAKER
207.37 — 240.99
DAY RANGE
223.00 — 225.50
52-WEEK RANGE
82.42 — 238.00
Ask Price
0.00
Ask Volume
0
Bid Price
0.00
Bid Volume
0
LDCP
224.18
VAR
10.00
HAIRCUT
15.00
P/E Ratio (TTM) **
4.24
1-Year Change *
140.13%
YTD Change *
38.50%
Last update: Fri, Apr 26, 2024 5:14 PM
Open
218.30
High
223.00
Low
203.12
Close
218.65
Change
0.42%
LDCP
217.74
Volume
27,000
Total Trades
17
CIRCUIT BREAKER
201.41 — 234.07
DAY RANGE
203.12 — 223.00
Ask Price
0.00
Ask Volume
0
Bid Price
0.00
Bid Volume
0
Last update: Mon, Oct 5, 2020 3:25 PM
Open
75.20
High
79.49
Low
75.20
Close
77.05
Change
-2.48%
LDCP
91.37
Volume
3,273
Total Trades
0
CIRCUIT BREAKER
82.23 — 100.51
DAY RANGE
75.20 — 79.49
Ask Price
0.00
Ask Volume
0
Bid Price
0.00
Bid Volume
0
Company Profile
BUSINESS DESCRIPTION

Meezan Bank Limited was incorporated in Pakistan on January 27, 1997, as a public limited company under the Companies Act, 2017 (previously Companies Ordinance, 1984). The Bank was granted a‘Scheduled Islamic Commercial Bank’ license on January 31, 2002 and formally commenced operations as a Scheduled Islamic Commercial Bank with effect from March 20, 2002. Currently, the Bank is engaged in corporate, commercial, consumer, investment and retail banking activities.

KEY PEOPLE
Irfan SiddiquiCEO
Riyadh S.A.A. EdreesChairperson
Muhammad Sohail KhanCompany Secretary
ADDRESS

Meezan House C-25, Estate Avenue, SITE, Karachi-Pakistan

WEBSITE

www.meezanbank.com

REGISTRAR

THK Associates (Private) Limited, Plot No. 32-C, Jami Commercial Street 2, D.H.A, Phase-VII, Karachi

AUDITOR

M/s. A.F. Ferguson & Co, Chartered Accountants

Fiscal Year End

December

Equity Profile
Market Cap (000's)
400,327,176.33
Shares
1,791,253,194
Free Float
447,813,299
Free Float
25.00%
Financials
All numbers in thousands (000's) except EPS
2023202220212020
Mark-up Earned431,722,282232,121,232110,072,547106,589,059
Total Income248,535,983140,806,81383,812,90974,920,780
Profit after Taxation84,475,64245,006,61028,355,15722,165,606
EPS47.1825.1515.8413.62
Q1 2024Q3 2023Q2 2023Q1 2023
Mark-up Earned119,145,992120,831,793101,031,78681,952,946
Total Income73,921,68670,259,65854,642,62044,911,157
Profit after Taxation25,406,78825,451,41417,161,47615,424,171
EPS14.1814.219.598.62
Ratio
2023202220212020
Net Profit Margin (%)19.5719.3925.7620.80
EPS Growth (%)87.5958.7816.3026.46
PEG0.040.070.520.29
Payouts
DateFinancial ResultsDetailsBook Closure
April 18, 2024 3:57 PM31/03/2024(IQ) 70%(i) (D) 01/05/2024 - 03/05/2024
February 15, 2024 3:13 PM31/12/2023(YR) 80%(F) (D) 25/03/2024 - 29/03/2024
October 19, 2023 3:36 PM30/09/2023(IIIQ) 50%(iii) (D) 01/11/2023 - 03/11/2023
August 10, 2023 4:00 PM30/06/2023(HYR) 40%(ii) (D) 24/08/2023 - 25/08/2023
April 19, 2023 12:55 PM31/03/2023(IQ) 30%(i) (D) 02/05/2023 - 04/05/2023
February 16, 2023 3:02 PM31/12/2022(YR) 30%(F) (D) 22/03/2023 - 29/03/2023
October 19, 2022 3:02 PM30/06/2022(IIIQ) 20%(iii) (D) 31/10/2022 - 02/11/2022
August 11, 2022 3:48 PM30/06/2022(HYR) 10%(i) (B) - 17.50%(ii) (D) 24/08/2022 - 26/08/2022
April 25, 2022 3:36 PM31/03/2022(IQ)17.50% (i) (D) 09/05/2022 - 11/05/2022
February 21, 2022 3:27 PM31/12/2021(YR) 15% (F) (D) 25/03/2022 - 29/03/2022