Mwalimu Commercial Bank PLC (DAR:MCB)

Mwalimu Commercial Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	11,843	10,383	10,312	8,627	5,674
Interest Paid on Deposits	6,591	4,845	4,594	3,411	1,783
Interest Paid on Borrowings	-	128.74	324.77	-	-
Total Interest Expense	6,591	4,973	4,919	3,411	1,783
Net Interest Income	5,252	5,410	5,393	5,216	3,891
Net Interest Income Growth (YoY)	-2.91%	0.31%	3.40%	34.05%	133.58%
Income From Trading Activities	-	125.78	-41.84	-	-
Other Non-Interest Income	4,307	1,950	1,996	1,936	1,359
Total Non-Interest Income	4,307	2,076	1,954	1,936	1,359
Non-Interest Income Growth (YoY)	107.44%	6.27%	0.92%	42.46%	256.08%
Revenues Before Loan Losses	9,559	7,486	7,347	7,152	5,250
Provision for Loan Losses	399	342.71	447.1	263	51
Revenue	9,160	7,143	6,900	6,889	5,199
Revenue Growth (YoY)	28.23%	3.53%	0.16%	32.51%	158.48%
Salaries and Employee Benefits	3,618	3,265	3,040	3,110	2,874
Selling, General & Administrative	-	2,278	1,838	-	-
Other Non-Interest Expense	5,085	1,383	1,950	4,075	3,687
Total Non-Interest Expense	8,703	6,925	6,827	7,185	6,561
EBT Excluding Unusual Items	457	218.39	72.51	-296	-1,362
Pretax Income	457	218.39	72.51	-296	-1,362
Income Tax Expense	88	86.33	61.54	35	25
Net Income	369	132.06	10.97	-331	-1,387
Preferred Dividends & Other Adjustments	-	-0	-	-	-
Net Income to Common	369	132.06	10.97	-331	-1,387
Net Income Growth	179.42%	1104.14%	-	-	-
Basic Shares Outstanding	53	62	62	66	63
Diluted Shares Outstanding	53	62	62	66	63
Shares Change (YoY)	-14.74%	-	-6.61%	5.00%	1.97%
EPS (Basic)	7.00	2.14	0.18	-5.00	-22.00
EPS (Diluted)	7.00	2.14	0.18	-5.00	-22.00
EPS Growth	227.71%	1104.15%	-	-	-
Effective Tax Rate	19.26%	39.53%	84.87%	-	-

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