Added to YB: 2026-03-16
Pitch date: 2026-03-12
HSBK.IL [bullish]
Halyk Bank of Kazakhstan Joint Stock Company
-0.14%
current return
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
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
$4.2T
Pitch Price
$396.50
Price Target
N/A
Dividend
5.47%
EV/EBITDA
N/A
P/E
3.83
EV/Sales
N/A
Sector
Banks
Category
value
$HSBK a net beneficiary of higher oil.
HSBK.IL: Kazakhstan's oil-leveraged economy (35% GDP, 75% exports) benefits from higher oil prices without supply risk via Black Sea CPC route. 2026 guide assumes $64 Brent for 30%+ ROE (5th straight year). Oil windfalls boost govt spending in construction/infrastructure/SME/consumer credit—Halyk's core business. Oil booms compress NPLs, strengthen tenge. Trades 1.15x BV, 3.7x P/E.
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