Karachi: MCB Bank Limited has announced a second interim cash dividend of Rs9.00 per share (90%) for the half year ended June 30, 2026, reaffirming its commitment to delivering consistent returns to shareholders. The dividend is in addition to the first interim cash dividend of Rs9.00 per share already paid during the year, bringing the total interim payout to Rs18.00 per share (180%). The announcement was approved by the bank’s Board of Directors at its meeting held on August 6, 2026.
The bank clarified that no bonus shares, right shares, or any other corporate action were announced alongside the dividend. Shareholders whose names appear on the register of members as of August 18, 2026, will be entitled to receive the second interim dividend. The share transfer books will remain closed from August 19 to August 20, 2026 for this purpose.
On the financial front, MCB Bank reported an unconsolidated profit after tax of Rs26.48 billion for the six months ended June 30, 2026, compared with Rs27.31 billion in the corresponding period last year. Earnings per share (EPS) stood at Rs22.34, slightly lower than Rs23.04 recorded in the same period of 2025, reflecting a modest decline in profitability amid a changing banking environment. The financial statements are presented in the annexures accompanying the corporate announcement.
On a consolidated basis, which includes the bank’s subsidiary companies, profit attributable to equity shareholders reached Rs27.98 billion, compared with Rs29.23 billion in the corresponding period of the previous year. Consolidated earnings per share came in at Rs23.61, compared with Rs24.67 a year earlier.
Despite the slight year-on-year decline in earnings, MCB Bank’s decision to maintain a strong dividend payout underscores its robust capital position, healthy liquidity, and continued focus on maximizing shareholder value. The bank remains one of Pakistan’s leading financial institutions, with a long-standing track record of profitability and generous dividend distributions.
Investors are expected to closely monitor the bank’s performance during the second half of 2026 as interest rate movements, credit demand, and macroeconomic conditions continue to shape the outlook for Pakistan’s banking sector.
