Karachi: MCB Bank Limited released its financial results for the third quarter ending September 30, 2026, revealing a slight increase in profits alongside a notable rise in total assets. The bank's financial statement details a comprehensive overview of its performance over the quarter as well as the nine-month period leading up to the end of September.
The bank's total assets climbed to 3.58 trillion rupees as of September 30, 2026, up from 3.25 trillion rupees at the end of December 2025. This rise in assets was supported by increases in cash and balances with treasury banks, which reached 230.94 billion rupees from 190.08 billion rupees, and investments, which grew to 2.16 trillion rupees from 1.95 trillion rupees. Advances also saw an uptick, standing at 773.46 billion rupees compared to 690.32 billion rupees previously.
According to information available from the Pakistan Stock Exchange (PSX), the bank's total liabilities also experienced a rise, reaching 3.27 trillion rupees from 2.93 trillion rupees. Deposits and other accounts contributed significantly to this increase, climbing to 2.71 trillion rupees from 2.26 trillion rupees. Meanwhile, net assets fell slightly to 310.72 billion rupees from 315.74 billion rupees.
For the quarter ending on September 30, 2026, MCB Bank's profit after taxation was reported at 14.94 billion rupees, up from 13.79 billion rupees in the same period the previous year. This marks a minor move in its profitability. The bank's net mark-up/interest income for the quarter rose to 39.50 billion rupees from 37.46 billion rupees, driven by an increase in mark-up/return/interest earned which reached 81.08 billion rupees, compared to 76.61 billion rupees in the prior year.
Non-markup/interest income also saw growth, reaching 10.89 billion rupees from 8.50 billion rupees, with fee and commission income marking a rise to 5.71 billion rupees from 4.15 billion rupees. Foreign exchange income, however, witnessed a decline to 1.87 billion rupees from 2.93 billion rupees.
The bank's non-markup/interest expenses increased to 19.59 billion rupees from 17.75 billion rupees, with operating expenses rising to 18.89 billion rupees from 16.95 billion rupees in the same period last year. Despite the increase in expenses, profit before taxation for the quarter rose to 31.19 billion rupees from 29.42 billion rupees.
Over the nine-month period ending September 30, 2026, the bank's profit after taxation amounted to 41.41 billion rupees, slightly up from 41.10 billion rupees in the previous year. Basic and diluted earnings per share stood at 34.95 rupees, showing a minor increase from 34.68 rupees.
MCB Bank Limited's financial results indicate a period of asset growth and a slight increase in profitability despite rising expenses and liabilities. The bank's ability to maintain a stable profit margin amidst these factors reflects its ongoing resilience in the current market environment.