MUCOBA Bank PLC (MUCOBA) — Q3 2023
Earnings report for MUCOBA Bank PLC (MUCOBA) for Q3 2023 (iliyotolewa 28 Oct 2023). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net income for Q3 2023 (current quarter) was TZS 55 million, compared to a loss of TZS 121 million in the previous quarter (Q2 2023).
- Total Assets increased to TZS 23,050 million as at September 30, 2023, up from TZS 21,057 million in the previous quarter.
- Customer Deposits grew by 14.02% to TZS 15,974 million as at September 30, 2023.
- Shareholders' Funds stood at TZS 3,444 million as at September 30, 2023.
- Non-performing loans to total gross loans improved to 10.30% from 12.20% in the previous quarter.