MCB Bank posts 7% year-on-year earnings growth to Rs13.65 per share, announces Rs9 interim dividend and records deposits of Rs3.1 trillion.

KARACHI, October 22, 2026: MCB Bank Limited reported a profit of Rs16.1 billion for the third quarter of calendar year 2026 (3QCY26), with earnings per share (EPS) reaching Rs13.65, up 7% year-on-year and 9% quarter-on-quarter.

Alongside its results, the bank announced an interim dividend of Rs9 per share, taking its cumulative dividend for 2026 to Rs27 per share.

Earnings growth was driven by higher non-funded income (NFI), modest growth in net interest income (NII) and continued provisioning reversals. NII increased 7% year-on-year to Rs44 billion, while NFI rose 22%, supported by stronger fee income and capital gains.

Fee income reached Rs7.1 billion, up 29%, while capital gains climbed 158% to Rs2.4 billion. Foreign exchange income stood at Rs2.2 billion, down 31% year-on-year.

MCB recorded a net provisioning reversal of Rs469 million, compared with Rs1.2 billion in the same quarter last year. Operating expenses increased 11% to Rs23 billion, while the cost-to-income ratio remained broadly stable at around 42%.

On the balance sheet, deposits reached a record Rs3.1 trillion, rising 23% year-on-year and 4% quarter-on-quarter. Investments increased 10% to Rs2.4 trillion, while advances remained broadly flat at approximately Rs891 billion.

The bank’s advance-to-deposit ratio stood at 29%, while its investment-to-deposit ratio reached 78%.

Based on the last day’s closing price, MCB traded at a price-to-book ratio of 1.35 times, with an estimated 2026 dividend yield of 9.5%.