MWALIMU COMMERCIAL BANK PLC (MCB) — Q3 2020
Earnings report for MWALIMU COMMERCIAL BANK PLC (MCB) for Q3 2020 (iliyotolewa 21 Oct 2020). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net loss after income tax was TZS (3,080) million for the nine months ended 30 September 2020.
- Total Assets stood at TZS 31,814 million as of 30 September 2020, representing 23% growth from the previous quarter.
- Customer deposits reached TZS 15,802 million as of 30 September 2020, showing a 77% growth compared to the previous quarter.
- Basic Earnings Per Share was TZS -50 for the nine months ended 30 September 2020.
- Return on Average Total Assets was -11% for the nine months ended 30 September 2020.
- Total Shareholders' Funds amounted to TZS 13,387 million as of 30 September 2020.