Professional
Added to YB: 2024-12-19
Pitch date: 2024-12-17
HSBK.IL [bullish]
Halyk Bank of Kazakhstan Joint Stock Company
+30.85%
current return
Author Info
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Company Info
Halyk Bank of Kazakhstan Joint Stock Company, together with its subsidiaries, provides corporate and retail banking services primarily in the Republic of Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan.
Market Cap
$3.4T
Pitch Price
$246.00
Price Target
N/A
Dividend
12.64%
Sector
Banks
Category
dividend
Show full summary:
Meditation Capital Portfolio Holding: Halyk Bank of Kazakhstan
HSBK.IL: #1 Kazakhstan bank, 2.8x P/E, 0.9x P/B, 38% Q3 ROE. $3 dividend in 2023 (20% yield on Jan price). Expect $3.20+ div in 2024, mid-teens LC earnings growth. Resilient through cycles, 19% CET1 ratio. No dividend withholding tax.
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