MCB Group Limited (MUSE: MCBG.N0000)

MCB Group Income Statement

Financials in millions MUR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	47,391	45,617	33,924	18,455	17,148	19,995
Interest Income on Investments	136	136	182	113	104	83
Total Interest Income	47,527	45,753	34,106	18,568	17,252	20,078
Interest Paid on Deposits	21,983	21,378	14,134	3,264	2,483	5,586
Net Interest Income	25,544	24,375	19,972	15,304	14,769	14,492
Net Interest Income Growth (YoY)	20.56%	22.05%	30.50%	3.62%	1.91%	11.03%
Income From Trading Activities	4,220	4,220	3,673	-	-	-
Other Non-Interest Income	9,189	8,298	8,147	8,541	7,635	7,463
Total Non-Interest Income	13,409	12,518	11,820	8,541	7,635	7,463
Non-Interest Income Growth (YoY)	7.76%	5.91%	38.39%	11.87%	2.30%	4.03%
Revenues Before Loan Losses	38,953	36,893	31,792	23,845	22,404	21,955
Provision for Loan Losses	3,838	3,684	3,644	3,481	4,766	5,076
Revenue	35,115	33,209	28,148	20,364	17,638	16,879
Revenue Growth (YoY)	17.72%	17.98%	38.22%	15.46%	4.50%	-9.40%
Salaries and Employee Benefits	7,408	7,408	5,953	4,956	4,609	4,421
Occupancy Expenses	889	889	897	855	839	810
Amortization of Goodwill & Intangibles	702	702	652	525	421	329
Selling, General & Administrative	367	367	274	184	118	188
Other Non-Interest Expense	4,548	4,104	3,481	2,612	2,284	2,044
Total Non-Interest Expense	13,341	12,888	10,390	8,333	7,899	7,391
EBT Excluding Unusual Items	21,774	20,321	17,758	12,031	9,739	9,488
Pretax Income	21,774	20,321	17,758	12,031	9,739	9,488
Income Tax Expense	4,329	4,126	3,445	2,070	1,500	1,494
Earnings From Continuing Operations	17,445	16,195	14,313	9,961	8,239	7,994
Minority Interest in Earnings	-148	-150	-180	-164	-60	-28
Net Income	17,297	16,045	14,133	9,797	8,179	7,966
Preferred Dividends & Other Adjustments	-	-	-	160	160	54
Net Income to Common	17,297	16,045	14,133	9,637	8,019	7,912
Net Income Growth	15.85%	13.53%	44.26%	19.78%	2.67%	-15.56%
Basic Shares Outstanding	253	252	245	240	239	239
Diluted Shares Outstanding	254	252	245	240	240	239
Shares Change (YoY)	2.81%	2.84%	2.09%	0.25%	0.19%	0.09%
EPS (Basic)	68.27	63.69	57.67	40.14	33.51	33.09
EPS (Diluted)	68.22	63.65	57.66	40.13	33.48	33.09
EPS Growth	12.68%	10.39%	43.68%	19.86%	1.18%	-16.23%
Dividend Per Share	23.000	23.000	20.250	13.900	16.750	-
Dividend Growth	13.58%	13.58%	45.68%	-17.01%	-	-
Effective Tax Rate	19.88%	20.30%	19.40%	17.21%	15.40%	15.75%

Source: S&P Capital IQ. Banks template. Financial Sources.