Earnings Report /
Pakistan

MCB Bank (Pakistan): 2QCY21 review – Large provisioning reversals

  • MCB posted consolidated 2QCY21 EPS of PKR6.64, up 16% yoy and 12% qoq.

  • Large provisioning reversal of PKR1.8bn which has driven an earnings beat

  • MCB continues to lead in terms of loan book quality within the listed banks

Yusra Beg
Yusra Beg

Senior Investment Analyst

Intermarket Securities
11 August 2021