MCB Bank Announces Impressive Dividends and High Earnings

Karachi, MCB Bank Ltd. (MCB) has shown remarkable financial performance with an EPS of Rs. 27.63 for the year ending January 2024. The bank's trading rate today was at Rs. 184.65, with a daily weighted average of Rs. 183.28. MCB, listed on the Pakistan Stock Exchange since 1992, declared a 200% distribution for par value followed by a 300% dividend. The bank's paid-up capital is reported at Rs. 11,850.60 million, underscoring its strong position in the banking sector.