Lahore: MCB Bank Limited announced a solid financial performance for the first quarter of 2025, with the Board of Directors approving a cash dividend of Rs. 9.0 per share, reflecting a 90% payout. The Bank reported a Profit Before Tax (PBT) of Rs. 29.3 billion and a Profit After Tax (PAT) of Rs. 13.8 billion, resulting in an Earnings Per Share (EPS) of Rs. 11.65.
The Board, chaired by Mr. Mian Mohammad Mansha, reviewed and approved the interim financial statements for the quarter ending March 31, 2025. The results emphasize the Bank's strategic focus on core banking operations and a disciplined risk framework.
MCB's consolidated PBT reached Rs. 31.6 billion, highlighting the Bank's effective balance sheet management amidst a challenging interest rate environment. Although net interest income saw a 7.6% decline year-on-year due to margin compression, non-markup income showed resilience, totaling Rs. 9.2 billion.
The Bank's fee and commission income was reported at Rs. 5.3 billion, while foreign exchange and dividend income added Rs. 2.2 billion and Rs. 1.7 billion, respectively. Investment in digital channels and process optimization continued to enhance customer service and operational efficiency.
MCB reported strong asset quality, with Non-Performing Loans (NPLs) at Rs. 53.5 billion and coverage and infection ratios standing at 94.13% and 6.61%, respectively. This underscores MCB's effective credit risk management and diversified lending strategy.
The Bank maintained a robust capital position, with a Capital Adequacy Ratio (CAR) of 19.10% and a Common Equity Tier-1 (CET1) ratio of 15.32%, both well above regulatory requirements. Liquidity indicators were strong, with a Liquidity Coverage Ratio (LCR) of 252.37% and a Net Stable Funding Ratio (NSFR) of 139.24%.
The Pakistan Credit Rating Agency (PACRA) reaffirmed MCB's long-term and short-term credit ratings at 'AAA' and 'A1+', respectively. Despite macroeconomic challenges, MCB remains steadfast in its commitment to delivering value through financial stewardship and innovation.