Bank Operating profit of 2009 half yearly. 2010 half yearly and 2011 half yearly(assumption).
In 2009 and 2010 bank got hefty profit from stock investment but as per BB direction they adjust their portfolio in 2010 December and didn't go for huge investment again it reflect on their 1stQ profit.
In 2010 half yearly bank got maximum profit in history and a big portion of that profit came from stock market but this time they dont have that advantage so their profit may decline as their core business arn't in a good shape.
they may keep high provision so EPS might be poor then expectation.
-Ricky
In 2009 and 2010 bank got hefty profit from stock investment but as per BB direction they adjust their portfolio in 2010 December and didn't go for huge investment again it reflect on their 1stQ profit.
In 2010 half yearly bank got maximum profit in history and a big portion of that profit came from stock market but this time they dont have that advantage so their profit may decline as their core business arn't in a good shape.
they may keep high provision so EPS might be poor then expectation.
-Ricky
http://bdstock-dailynews.blogspot.com/2011/07/bank-operating-profit-and-expected-eps.html
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