⚡ Flash Summary

MCB Bank Limited announced its financial results for the third quarter ended September 30, 2025. The bank declared an interim cash dividend of PKR 9.00 per share, which is 90%. This is in addition to previously paid interim dividends of PKR 18.00 per share, totaling 180%. The share transfer books will be closed from November 3, 2025, to November 5, 2025.

📌 Key Takeaways

• 💰 Interim cash dividend declared: PKR 9.00 per share (90%).
• 💵 Additional interim dividends already paid: PKR 18.00 per share (180%).
• 🏦 Share transfer books closure: November 3, 2025 to November 5, 2025.
• 🗓️ Board of Directors meeting held: October 22, 2025, at 1:15 PM.
• 📄 Standalone and Consolidated Statements: Attached as Annexure A and B.
• 🤝 Recommended entitlement: Payable to shareholders registered by October 31, 2025.
• 🏢 Registered Office: MCB Building, Lahore, Pakistan.
• 🌐 Website: www.mcb.com.pk
• 📧 Email: info@mcb.com.pk
• 📞 Contact: +92 42 3604 1998-9

🎯 Investment Thesis

HOLD. The current financial results present a mixed picture. While the bank has increased its total income, the significant decrease in profit after tax and EPS raises concerns about profitability. While the announced dividend is generous, further analysis is needed to understand the underlying reasons for the decline in profit and EPS. A HOLD recommendation is appropriate until there is more clarity on the bank’s future performance. Price Target: PKR 200.00. Time Horizon: Medium Term.