Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

MCB Bank Announces Rs. 41 Billion 9-Month Profit

MCB Bank Limited (PSX: MCB) has reported a profit before tax of Rs. 86.3 billion and a profit after tax … Read More The post MCB Bank Announces Rs. 41 Billion 9-Month Profit appeared first on ProPakistani .

MCB Bank Announces Rs. 41 Billion 9-Month Profit

MCB Bank Limited, a major financial institution in Pakistan, announced a significant profit of Rs. 41.4 billion after tax for the nine months ending September 30, 2026. This profit before tax amounted to Rs. 86.3 billion, showcasing strong financial performance. Earnings per share reached Rs. 34.95. During the same period, MCB Bank's total assets grew by 10%, reaching Rs.

3.6 trillion. Net markup income increased by 14%, while fee and commission income rose by 26%. Deposits also increased by 22.2%, marking a notable 9.1% growth in the industry. The bank's market share expanded to 4.92%, up from 4.59% at the end of 2025. MCB Bank's capital adequacy ratio stood at 18.99%, and its Common Equity Tier-1 ratio was 14.80%.

The Pakistan Credit Rating Agency reaffirmed the bank's long-term rating at AAA and short-term rating at A1+. The bank processed $3.276 billion in home remittances, accounting for about 10% of the market.

Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at propakistani.pk →

More in Finance & Markets

FGN bonds attract N1.75 trillion in bids, as DMO allots N1.21 trillion

The Federal Government of Nigeria (FGN) bond auction attracted N1.75 trillion in subscriptions in October 2026, while the Debt Management Office (DMO) allotted N1.21 trillion across three reopened…

  • N1.75 trillion in bids attracted for FGN bonds in October 2026 auction
  • DMO allocated N1.21 trillion towards three reopened bonds
  • September 2036 bond received highest subscription of N925.35 billion

More from Thursday 22 October →