MWALIMU COMMERCIAL BANK PLC (MCB) — Q4 2023
Earnings report for MWALIMU COMMERCIAL BANK PLC (MCB) for Q4 2023 (iliyotolewa 9 Jan 2024). Key highlights and the PDF statement below.
Market: Open
DSE (Dar es Salaam)
Highlights
- Net profit for the year increased to TZS 14,082 million in 2023 from TZS 11,353 million in 2022.
- Total assets grew to TZS 692,485 million as of 31 December 2023 from TZS 640,317 million in 2022.
- Basic earnings per share increased to TZS 1,326 in 2023 from TZS 1,123 in 2022.
- Net Interest Income rose to TZS 27,273 million in 2023 from TZS 20,937 million in 2022.
- Loans and advances to customers increased to TZS 412,652 million as of 31 December 2023 from TZS 384,103 million in 2022.