MCB Bank Limited announced its financial results for Q1 2026, reporting a profit after tax of Rs. 12.8 billion, a decline from Rs. 14.74 billion in the same quarter last year. The bank's performance was supported by strong fundamentals, with a profit before tax of Rs. 26.7 billion and earnings per share of Rs. 10.80. Despite challenges in non-core income and rising operating expenses, MCB declared a 90% dividend payout, reflecting its commitment to shareholder returns. Net interest income increased by 9% year-on-year, driven by growth in low-cost deposits and effective yield optimization, marking the highest quarterly net interest income in six quarters.
BUSINESSPublished 23 Apr 2026 • Published 1 day ago
Meezan Bank Reports Rs. 23.4 Billion Profit for Q1 2026
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MCB Bank reported a profit after tax of Rs. 12.8 billion for Q1 2026, down from Rs. 14.74 billion a year earlier, despite a strong dividend payout of 90%. In contrast, Meezan Bank's earnings rose to Rs. 23.4 billion, driven by significant non-operating income growth.
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