MCB Bank Limited reported a profit after tax (PAT) of Rs41.4 billion for the nine months ended September 30, 2026, with earnings per share (EPS) reaching Rs34.95. The bank’s performance was supported by deposit mobilisation, growth in non-markup income and expansion across key business segments.
The bank’s Board of Directors, chaired by Mian Mohammad Mansha, approved the financial results and declared a third interim cash dividend of Rs9 per share, taking the cumulative dividend for 2026 to Rs27 per share.
On a consolidated basis, MCB Bank recorded profit before tax of Rs92.7 billion and profit after tax of Rs44.3 billion. The bank reported a return on assets of 1.62% and a return on equity of 22.21%, reflecting its earnings capacity and deployment of financial resources.
MCB Bank Reports Growth in Income and Fee-Based Revenue
MCB Bank’s total income increased 7% year-on-year to Rs144.3 billion during the nine-month period. Net markup income rose to Rs114.8 billion from Rs108.8 billion in the corresponding period last year, supported by balance sheet expansion and lower deposit costs.
The bank’s average current account concentration improved to 53.45%, compared with 51.28% in the same period of 2025. This strengthened its low-cost funding base and helped offset the impact of declining yields amid a lower average policy rate of 11.07%, compared with 11.56% a year earlier.
Non-markup income grew 14% to Rs29.6 billion from Rs26 billion. Fee and commission income increased 26% to Rs17.6 billion, driven by digital banking activity, higher transaction volumes and greater customer engagement.
Card-related income increased by Rs704 million, while commission income from guarantees and consumer finance fees rose by Rs162 million and Rs153 million, respectively. Foreign exchange income contributed Rs5.945 billion, dividend income Rs2.735 billion and gains on securities Rs2.893 billion.
Operating expenses increased 10% year-on-year as the bank continued investing in technology, human capital and brand development. Despite higher expenditure, MCB maintained a cost-to-income ratio of 38.61%.
Balance Sheet Expands to Rs3.6 Trillion
MCB Bank’s total assets increased by Rs336 billion, or 10%, to Rs3.6 trillion at September 30, 2026, from Rs3.25 trillion at the end of 2025.
The investment portfolio expanded by Rs211 billion, or 10.8%, to Rs2.16 trillion, while gross advances reached Rs819 billion. Consumer financing recorded growth of Rs17 billion, or 34%.
The bank’s advances grew 11% during the nine-month period, compared with industry growth of 3%. As a result, its advances market share increased to 4.92% from 4.59% at the end of 2025.
Asset quality also showed improvement. Non-performing loans declined by Rs710 million to Rs49.05 billion from Rs49.76 billion at year-end 2025. The infection ratio stood at 5.99%, while the coverage ratio improved to 93.53%, reflecting continued monitoring of credit exposures and a focus on risk management.
Deposit Mobilisation Strengthens Market Position
MCB Bank recorded strong deposit growth during the first nine months of 2026, with total deposits increasing by Rs447 billion to Rs2.71 trillion from Rs2.26 trillion at the end of 2025.
The bank reported deposit growth of 22.2%, exceeding industry growth of 9.1%. Its deposit market share increased by 65 basis points to 6.03%.
Current deposits rose by Rs181 billion, or 15%, to Rs1.4 trillion, strengthening the bank’s low-cost funding base and supporting its overall financial performance.
Remittance Inflows Support Pakistan’s External Sector
MCB Bank maintained a market share of approximately 10% in Pakistan’s home remittance market, processing $3.276 billion in remittance inflows during the nine-month period.
Through its branch network and expanding digital channels, the bank continued supporting the State Bank of Pakistan’s financial inclusion and formal remittance initiatives. These services contribute to formal foreign exchange inflows and support economic activity across the country.
Capital and Liquidity Ratios Remain Strong
MCB Bank reported a capital adequacy ratio (CAR) of 18.99% and a Common Equity Tier-1 (CET1) ratio of 14.80%, both above minimum regulatory requirements.
Its liquidity position remained robust, with a Liquidity Coverage Ratio (LCR) of 236.29% and a Net Stable Funding Ratio (NSFR) of 167.73%. These indicators reflect the bank’s capacity to meet financial obligations and maintain operational resilience.
The Pakistan Credit Rating Agency (PACRA) reaffirmed MCB Bank’s long-term credit rating at AAA and short-term rating at A1+ in its notification dated June 23, 2026.
With more than 1,700 branches on a consolidated basis, MCB Bank continues to maintain a substantial presence in Pakistan’s banking sector and remains among the leading banking stocks listed on the Pakistan Stock Exchange.
MCB Bank Focuses on Sustainable Growth
Looking ahead, MCB Bank aims to build on its capital strength, liquidity buffers, expanding deposit base and diversified revenue streams. Its priorities include strengthening customer relationships, expanding digital capabilities, improving operational efficiency and maintaining disciplined risk management.
The bank’s nine-month results highlight the contribution of deposit mobilisation, fee-based income and balance sheet growth to its performance, while continued investment in technology and services is intended to support long-term competitiveness and shareholder returns.