Karachi – MCB Bank Limited (PSX: MCB) announced a profit after taxation of Rs. 44.63 billion for the nine months ended September 30, 2025, marking a 15.5% decrease compared to Rs. 52.82 billion earned in the same period last year.
Earnings per share (EPS) for the period stood at Rs. 37.42, down from Rs. 44.47 in 9MFY24.
Despite the decline in profitability, the Board of Directors maintained its commitment to shareholder returns, recommending an interim cash dividend of Rs. 9.00 per share (90%) for the third quarter.
The bank’s core income faced pressure during the period. Net mark-up/interest income contracted by 6.9% to Rs. 120.16 billion, down from Rs. 129.04 billion last year. This was driven by a 23.7% decline in mark-up/interest earned.
A silver lining was the performance of non-markup/interest income, which grew 3.5% to Rs. 30.18 billion. This was bolstered by a significant 370% surge in gains on securities and a 34.7% increase in dividend income.
However, a 14.5% jump in non-markup/interest expenses, primarily due to a 15.5% rise in operating costs, and a substantial credit loss provision of Rs. 5.36 billion (compared to a net reversal last year) weighed heavily on the bottom line.
The decline in profit was partially offset by a 37.8% increase in the share of profit from associates, which rose to Rs. 2.23 billion.
