KARACHI: MCB Bank posted a profit-after-tax (PAT) of Rs16.79 billion in the second quarter of 2024, an increase of 14 per cent over the Rs14.67bn PAT in the same period last year.

In its consolidated financial statement, released to the Pakistan Stock Exchange on Wednesday, the bank reported earnings per share at Rs14.17 during the April-June quarter compared to Rs12.38 in the same period last year.

The bank announced an interim cash dividend of Rs9 per share for the half year ended on June 30.

BAHL earnings surge

Bank Al-Habib Ltd reported a 47pc surge in its PAT to Rs11.07bn in the second quarter of 2024 compared to Rs7.548bn in the same period last year.

The first half profit rose 17pc to Rs21.08bn against Rs18.08bn in the same period of last year.

Published in Dawn, August 8th, 2024