External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>MCB Bank (MCB) posted 3Q2023 consolidated earnings of Rs16.57/share, up 112% YoY and 34% QoQ. This takes 9M2023 earnings to Rs40.70/share up 134% YoY.</li><li>Along with the result, MCB also announced a interim cash dividend of Rs8/share, taking 9M2023 payout to Rs21/share which is in line with expectations.</li><li>3Q2023 result came in higher than industry’s expectations due to higher than expected Net Interest Income (NII).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MCB Bank (MCB) posted 3Q2023 consolidated earnings of Rs16.57/share, up 112% YoY and 34% QoQ. This takes 9M2023 earnings to Rs40.70/share up 134% YoY.Along with the result, MCB also announced a interim cash dividend of Rs8/share, taking 9M2023 payout to Rs21/share which is in line with expectations.3Q2023 result came in higher than industry’s expectations due to higher than expected Net Interest Income (NII).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MCB Bank Limited (MCB): Earnings Higher than Industry Expectations

MCB Bank Ltd

MCB Bank Limited (MCB): Earnings Higher than Industry Expectations