Mwalimu Commercial Bank Income Statement

Financials in millions TZS. Fiscal year is January - December.

Millions TZS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	11,492	10,383	10,312	8,627	5,674	2,770
Interest Paid on Deposits	6,067	4,845	4,594	3,411	1,783	693.71
Interest Paid on Borrowings	128.74	128.74	324.77	-	-	410.3
Total Interest Expense	6,195	4,973	4,919	3,411	1,783	1,104
Net Interest Income	5,297	5,410	5,393	5,216	3,891	1,666
Net Interest Income Growth (YoY)	3.43%	0.31%	3.40%	34.05%	133.58%	-17.29%
Income From Trading Activities	125.78	125.78	-41.84	-	-	6.98
Other Non-Interest Income	3,095	1,950	1,996	1,936	1,359	374.67
Total Non-Interest Income	3,221	2,076	1,954	1,936	1,359	381.65
Non-Interest Income Growth (YoY)	58.04%	6.27%	0.92%	42.46%	256.08%	-15.97%
Revenues Before Loan Losses	8,518	7,486	7,347	7,152	5,250	2,047
Provision for Loan Losses	296.71	342.71	447.1	263	51	36.07
Revenue	8,221	7,143	6,900	6,889	5,199	2,011
Revenue Growth (YoY)	23.33%	3.53%	0.16%	32.51%	158.48%	-21.05%
Salaries and Employee Benefits	3,554	3,265	3,040	3,110	2,874	2,801
Selling, General & Administrative	2,278	2,278	1,838	-	-	1,005
Other Non-Interest Expense	2,053	1,383	1,950	4,075	3,687	2,255
Total Non-Interest Expense	7,884	6,925	6,827	7,185	6,561	6,061
EBT Excluding Unusual Items	337.39	218.39	72.51	-296	-1,362	-4,050
Pretax Income	337.39	218.39	72.51	-296	-1,362	-4,050
Income Tax Expense	94.33	86.33	61.54	35	25	12.11
Net Income	243.06	132.06	10.97	-331	-1,387	-4,062
Preferred Dividends & Other Adjustments	-0	-0	-	-	-	-
Net Income to Common	243.06	132.06	10.97	-331	-1,387	-4,062
Net Income Growth	-	1104.14%	-	-	-	-
Basic Shares Outstanding	65	62	62	66	63	62
Diluted Shares Outstanding	65	62	62	66	63	62
Shares Change (YoY)	17.72%	-	-6.61%	5.00%	1.97%	-
EPS (Basic)	3.74	2.14	0.18	-5.00	-22.00	-65.70
EPS (Diluted)	3.74	2.14	0.18	-5.00	-22.00	-65.70
EPS Growth	-	1104.15%	-	-	-	-
Effective Tax Rate	27.96%	39.53%	84.87%	-	-	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.