Mwalimu Commercial Bank PLC reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net interest income was TZS 1,137 million compared to TZS 502 million a year ago. Net income was TZS 35 million compared to net loss of TZS 1,154 million a year ago. Basic earnings per share from continuing operations was TZS 1 compared to basic loss per share from continuing operations of TZS 19 a year ago.
For the nine months, net interest income was TZS 2,686 million compared to TZS 1,599 million a year ago. Net loss was TZS 1,316 million compared to TZS 3,080 million a year ago. Basic loss per share from continuing operations was TZS 21 compared to TZS 50 a year ago.