MAENDELEO BANK PLC (MBP) — Q4 2016
Earnings report for MAENDELEO BANK PLC (MBP) for Q4 2016 (iliyotolewa 31 Dec 2016). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net interest income for cumulative FY 2016 rose to TZS 4,143 million from TZS 2,668 million in FY 2015.
- Net income after tax for cumulative FY 2016 significantly increased to TZS 1,142 million from TZS 178 million in FY 2015.
- Basic Earnings Per Share for cumulative FY 2016 stood at TZS 78, up from TZS 58 in FY 2015.
- Total assets as at December 31, 2016, were TZS 42,158 million, down from TZS 45,891 million as at September 30, 2016.
- Shareholders Funds to total assets improved to 19% as at December 31, 2016, from 16% as at September 30, 2016.
- Non-performing loans to Total Gross Loans ratio increased to 3.8% as at December 31, 2016, from 2.4% as at September 30, 2016.