$MCB MCB Bank Limited (MCB): 3QCY25 Result Review – By AKD Research
$MCB
MCB Bank Limited
Rs. 404.04
+0.58%
- MCB Bank Limited (MCB) announced its 3QCY25 financial results earlier today, wherein the bank posted NPAT of PkR15.2bn (EPS: PkR12.8) for the quarter, down 16%YoY/ up 4%QoQ. The result is slightly above our expectation. In addition to the result, bank announced an interim cash payout of PkR9.0/sh, taking nine month cash payout to PkR27.0/sh.
- NII was recorded at PkR41.2bn in 3QCY25, down by 7%YoY/up 3%QoQ, with the increase in asset book being offset by the decline in yields.
- Mark-up earned was recorded at PkR84.2bn, down by 23%YoY/up 2%QoQ, while mark-up expensed was recorded at PkR43bn (down 33%YoY/up 1%QoQ). Notably, the bank’s estimated NIMs declined to 5.5% in 3QCY25 compared to 7.3% in SPLY.