- MCB Bank Ltd. Net mark-up/interest income for the period clocked in at 31.45 billion decreasing by 6.7% from last year’s net income value of 33.71 billion
- Bank’s Total non-mark-up/interest expenses witnessed a significant increase of around 23% during the last reported nine months taking away a total of 21.2 billion from the bottom line
- Bottom line profits reached 19.13 billion up 9.8% against 17.42 billion last year
- After the approval from Board of Directors, MCB Bank approved a cash dividend of Rs. 4/share at a rate of 40%.
- Company’s earnings per share clocked in at 16.86 vs 15.66 during FY ‘16
Unconsolidated Profit and Loss Account – For the Nine Months ended, September 30th 2017 | |||
|---|---|---|---|
Key Financials | 2017 | 2016 | % Change |
Amounts in PKR ‘000 | |||
Mark-up/interest earned | 55,620,211 | 52,012,146 | 6.94% |
Net mark-up/interest income | 31,456,168 | 33,715,595 | -6.70% |
Net mark-up/interest income after provisions | 33,352,668 | 34,571,754 | -3.53% |
Total non-mark-up/interest income | 13,856,157 | 11,858,470 | 16.85% |
Total non-mark-up/interest expenses | 21,209,844 | 17,265,985 | 22.84% |
Profit before Taxation | 25,998,981 | 29,164,239 | -10.85% |
Taxation | 6,860,490 | 11,737,938 | -41.55% |
Profit after taxation | 19,138,491 | 17,426,301 | 9.83% |
Basic and Diluted EPS | 16.86 | 15.66 | 7.66% |
Company release on Earnings Report can be accessed here.
Posted on: 2017-10-25T13:22:00+05:00
