View ValuationMCB Group 향후 성장Future 기준 점검 1/6MCB Group의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Banks 이익 성장12.4%매출 성장률12.5%향후 자기자본이익률14.91%애널리스트 커버리지Low마지막 업데이트16 May 2026최근 향후 성장 업데이트Price Target Changed • Feb 21Price target increased by 11% to MU₨581Up from MU₨521, the current price target is provided by 1 analyst. New target price is 76% above last closing price of MU₨330. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of MU₨61.70 for next year compared to MU₨57.67 last year.Price Target Changed • Nov 23Price target increased to MU₨521Up from MU₨481, the current price target is provided by 1 analyst. New target price is 70% above last closing price of MU₨306. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of MU₨50.90 for next year compared to MU₨40.14 last year.Price Target Changed • May 03Price target increased to MU₨481Up from MU₨419, the current price target is provided by 1 analyst. New target price is 44% above last closing price of MU₨335. Stock is up 46% over the past year. The company posted earnings per share of MU₨33.51 last year.모든 업데이트 보기Recent updatesUpcoming Dividend • Jun 04Upcoming dividend of MU₨11.00 per shareEligible shareholders must have bought the stock before 08 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Mauritian dividend payers (6.5%). Higher than average of industry peers (2.7%).Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Anna Roets was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • May 20Dividend increased to MU₨11.00Dividend of MU₨11.00 is 4.8% higher than last year. Ex-date: 8th June 2026 Payment date: 8th July 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (21% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Oct 24MCB Group Limited, Annual General Meeting, Nov 14, 2025MCB Group Limited, Annual General Meeting, Nov 14, 2025, at 10:30 Arabian Standard Time. Location: mcb ltd auditorium, 3rd floor, mcb st jean, st jean roundabout, quatre bornes, MauritiusReported Earnings • Nov 15First quarter 2025 earnings released: EPS: MU₨18.85 (vs MU₨14.27 in 1Q 2024)First quarter 2025 results: EPS: MU₨18.85 (up from MU₨14.27 in 1Q 2024). Revenue: MU₨9.35b (up 26% from 1Q 2024). Net income: MU₨4.81b (up 35% from 1Q 2024). Profit margin: 52% (up from 48% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Nov 13Upcoming dividend of MU₨13.50 per shareEligible shareholders must have bought the stock before 20 November 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Mauritian dividend payers (5.5%). In line with average of industry peers (4.9%).공시 • Oct 25MCB Group Limited, Annual General Meeting, Nov 15, 2024MCB Group Limited, Annual General Meeting, Nov 15, 2024, at 10:30 Arabian Standard Time. Location: mcb ltd auditorium, 3rd floor, mcb st jean, st jean roundabout, quatre bornes, MauritiusReported Earnings • Sep 29Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: MU₨63.69 (up from MU₨57.67 in FY 2023). Revenue: MU₨33.2b (up 18% from FY 2023). Net income: MU₨16.0b (up 14% from FY 2023). Profit margin: 48% (down from 50% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 31Upcoming dividend of MU₨9.50 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 09 July 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Mauritian dividend payers (6.2%). In line with average of industry peers (5.8%).Declared Dividend • May 16Dividend of MU₨9.50 announcedShareholders will receive a dividend of MU₨9.50. Ex-date: 7th June 2024 Payment date: 9th July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (19% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Feb 21Price target increased by 11% to MU₨581Up from MU₨521, the current price target is provided by 1 analyst. New target price is 76% above last closing price of MU₨330. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of MU₨61.70 for next year compared to MU₨57.67 last year.Reported Earnings • Feb 15Second quarter 2024 earnings released: EPS: MU₨16.74 (vs MU₨15.99 in 2Q 2023)Second quarter 2024 results: EPS: MU₨16.74 (up from MU₨15.99 in 2Q 2023). Revenue: MU₨8.79b (up 23% from 2Q 2023). Net income: MU₨4.22b (up 8.2% from 2Q 2023). Profit margin: 48% (down from 55% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Nov 15Upcoming dividend of MU₨11.75 per share at 6.9% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Mauritian dividend payers (5.9%). Higher than average of industry peers (5.5%).공시 • Oct 28MCB Group Limited, Annual General Meeting, Nov 17, 2023MCB Group Limited, Annual General Meeting, Nov 17, 2023, at 10:30 Mauritius Standard Time. Location: MCB Ltd Auditorium, 3rd Floor, MCB St Jean, St Jean Roundabout, Quatre Bornes Mauritius Agenda: To consider the Annual Report of the Company for the year ended 30th June 2023;to receive the Auditor's report; to consider and approve the Group's and the Company's Financial Statements for the year ended 30th June 2023;to re-elect as Director of the Company Mrs. Karuna Bhoojedhur-Obeegadoo who retires by rotation and, being eligible, offers herself for re-election in accordance with the Constitution of the Company; to re-elect as Director of the Company Mr. Stephen Davidson who retires by rotation and, being eligible, offers himself for re-election in accordance with the Constitution of the Company; to re-elect as Director of the Company Mr. Michael Lising who retires by rotation and, being eligible, offers himself for re-election in accordance with the Constitution of the Company.New Risk • Oct 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.5% increase in shares outstanding).Reported Earnings • Sep 29Full year 2023 earnings released: EPS: MU₨57.67 (vs MU₨40.14 in FY 2022)Full year 2023 results: EPS: MU₨57.67 (up from MU₨40.14 in FY 2022). Revenue: MU₨28.1b (up 38% from FY 2022). Net income: MU₨14.1b (up 47% from FY 2022). Profit margin: 50% (up from 47% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.Upcoming Dividend • May 31Upcoming dividend of MU₨8.50 per share at 5.1% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Mauritian dividend payers (6.3%). Lower than average of industry peers (6.4%).Reported Earnings • May 20Third quarter 2023 earnings released: EPS: MU₨16.69 (vs MU₨9.66 in 3Q 2022)Third quarter 2023 results: EPS: MU₨16.69 (up from MU₨9.66 in 3Q 2022). Revenue: MU₨7.66b (up 53% from 3Q 2022). Net income: MU₨4.11b (up 77% from 3Q 2022). Profit margin: 54% (up from 47% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Feb 15Second quarter 2023 earnings released: EPS: MU₨15.99 (vs MU₨11.10 in 2Q 2022)Second quarter 2023 results: EPS: MU₨15.99 (up from MU₨11.10 in 2Q 2022). Revenue: MU₨7.15b (up 35% from 2Q 2022). Net income: MU₨3.90b (up 47% from 2Q 2022). Profit margin: 55% (up from 50% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Nov 23Price target increased to MU₨521Up from MU₨481, the current price target is provided by 1 analyst. New target price is 70% above last closing price of MU₨306. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of MU₨50.90 for next year compared to MU₨40.14 last year.Upcoming Dividend • Nov 16Upcoming dividend of MU₨8.00 per shareEligible shareholders must have bought the stock before 22 November 2022. Payment date: 22 December 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Mauritian dividend payers (4.9%). Lower than average of industry peers (5.7%).Upcoming Dividend • Jun 01Upcoming dividend of MU₨5.90 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Mauritian dividend payers (3.9%). Lower than average of industry peers (5.4%).Price Target Changed • May 03Price target increased to MU₨481Up from MU₨419, the current price target is provided by 1 analyst. New target price is 44% above last closing price of MU₨335. Stock is up 46% over the past year. The company posted earnings per share of MU₨33.51 last year.Reported Earnings • Feb 13Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: MU₨11.10 (up from MU₨7.77 in 2Q 2021). Revenue: MU₨5.28b (up 22% from 2Q 2021). Net income: MU₨2.66b (up 43% from 2Q 2021). Profit margin: 50% (up from 43% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Nov 18First quarter 2022 earnings released: EPS MU₨9.35 (vs MU₨8.05 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: MU₨4.84b (up 15% from 1Q 2021). Net income: MU₨2.24b (up 16% from 1Q 2021). Profit margin: 46% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Nov 15Upcoming dividend of MU₨9.50 per shareEligible shareholders must have bought the stock before 22 November 2021. Payment date: 21 December 2021. Trailing yield: 5.8%. Within top quartile of Mauritian dividend payers (3.6%). Higher than average of industry peers (4.4%).Reported Earnings • Oct 01Full year 2021 earnings released: EPS MU₨33.51 (vs MU₨33.10 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: MU₨17.6b (up 4.5% from FY 2020). Net income: MU₨8.02b (up 1.3% from FY 2020). Profit margin: 46% (down from 47% in FY 2020). The decrease in margin was driven by higher expenses. Cost-to-income ratio: 36.9% (up from 35.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • May 24Upcoming dividend of MU₨7.25 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 05 July 2021. Trailing yield: 5.7%. Within top quartile of Mauritian dividend payers (4.3%). Higher than average of industry peers (3.5%).Is New 90 Day High Low • Feb 15New 90-day low: MU₨227The company is down 1.0% from its price of MU₨230 on 17 November 2020. The Mauritian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is MU₨99.29 per share.Reported Earnings • Feb 12Second quarter 2021 earnings released: EPS MU₨7.77 (vs MU₨11.53 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: MU₨4.34b (down 16% from 2Q 2020). Net income: MU₨1.86b (down 33% from 2Q 2020). Profit margin: 43% (down from 53% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 02New 90-day low: MU₨205The company is down 11% from its price of MU₨232 on 03 July 2020. The Mauritian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is MU₨149 per share.이익 및 매출 성장 예측MUSE:MCBG.N0000 - 애널리스트 향후 추정치 및 과거 재무 데이터 (MUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202857,492N/AN/AN/A26/30/202751,082N/AN/AN/A26/30/202646,247N/AN/AN/A23/31/202642,64618,471-106,846-104,451N/A12/31/202541,64318,611-48,791-46,396N/A9/30/202540,03718,1894,7687,163N/A6/30/202538,65518,065-10,275-7,880N/A3/31/202537,37018,044-66,631-64,669N/A12/31/202436,79118,282-34,181-32,219N/A9/30/202435,26217,297-48,715-46,753N/A6/30/202433,32616,045-34,616-32,654N/A3/31/202432,67015,707-1,941150N/A12/31/202331,52715,248-4,101-2,010N/A9/30/202329,82914,930-4,453-2,362N/A6/30/202328,14814,133-5,608-3,517N/A3/31/202325,74513,19128,90630,984N/A12/31/202223,09011,400-22,342-20,264N/A9/30/202221,28310,159-18,204-16,126N/A6/30/202220,3649,637-54,000-51,922N/A3/31/202219,4259,176-121,907-120,108N/A12/31/202119,2199,135-77,822-76,023N/A9/30/202118,2778,334-103,611-101,812N/A6/30/202117,6388,019-75,039-73,240N/A3/31/202117,0617,887-26,605-25,090N/A12/31/202015,3526,433-49,759-48,244N/A9/30/202016,2037,316-50,405-48,890N/A6/30/202016,8797,912-34,722-33,207N/A3/31/202018,2248,813-13,645-12,414N/A12/31/201919,88410,430N/A-5,325N/A9/30/201919,1999,824N/A-10,643N/A6/30/201918,6309,434N/A-16,822N/A3/31/201917,6518,486N/A-6,829N/A12/31/201816,8227,844N/A-15,381N/A9/30/201816,2857,669N/A-27,170N/A6/30/201815,6217,221N/A-21,741N/A3/31/201815,0306,960N/A-24,391N/A12/31/201714,8816,980N/A-23,133N/A9/30/201714,6416,788N/A-13,835N/A6/30/201714,4426,702N/A-14,425N/A3/31/201714,4637,115N/A-30,181N/A12/31/201613,9156,849N/A-39,766N/A9/30/201613,5276,677N/A-27,756N/A6/30/201613,3826,626N/A-22,204N/A3/31/201612,8066,160N/A-14,391N/A12/31/201512,5855,973N/A-17,259N/A9/30/201512,3885,895N/A-14,194N/A6/30/201512,0515,722N/A-21,222N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MCBG.N0000 의 예상 수익 증가율이 절약률(15.1%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: MCBG.N0000 의 수익이 MU 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: MCBG.N0000 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: MCBG.N0000 의 수익(연간 12.5%)이 MU 시장(연간 -21.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: MCBG.N0000 의 수익(연간 12.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MCBG.N0000의 자본 수익률은 3년 후 14.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/16 06:53종가2026/06/16 00:00수익2026/03/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스MCB Group Limited는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Timothy WambuAbsa Bank LimitedJaap MeijerArqaam Capital Research Offshore S.A.L.Milosz PapstEdison Investment Research
Price Target Changed • Feb 21Price target increased by 11% to MU₨581Up from MU₨521, the current price target is provided by 1 analyst. New target price is 76% above last closing price of MU₨330. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of MU₨61.70 for next year compared to MU₨57.67 last year.
Price Target Changed • Nov 23Price target increased to MU₨521Up from MU₨481, the current price target is provided by 1 analyst. New target price is 70% above last closing price of MU₨306. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of MU₨50.90 for next year compared to MU₨40.14 last year.
Price Target Changed • May 03Price target increased to MU₨481Up from MU₨419, the current price target is provided by 1 analyst. New target price is 44% above last closing price of MU₨335. Stock is up 46% over the past year. The company posted earnings per share of MU₨33.51 last year.
Upcoming Dividend • Jun 04Upcoming dividend of MU₨11.00 per shareEligible shareholders must have bought the stock before 08 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Mauritian dividend payers (6.5%). Higher than average of industry peers (2.7%).
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Anna Roets was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • May 20Dividend increased to MU₨11.00Dividend of MU₨11.00 is 4.8% higher than last year. Ex-date: 8th June 2026 Payment date: 8th July 2026 Dividend yield will be 6.1%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (21% payout ratio) and is expected to be well covered in 3 years' time (36% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Oct 24MCB Group Limited, Annual General Meeting, Nov 14, 2025MCB Group Limited, Annual General Meeting, Nov 14, 2025, at 10:30 Arabian Standard Time. Location: mcb ltd auditorium, 3rd floor, mcb st jean, st jean roundabout, quatre bornes, Mauritius
Reported Earnings • Nov 15First quarter 2025 earnings released: EPS: MU₨18.85 (vs MU₨14.27 in 1Q 2024)First quarter 2025 results: EPS: MU₨18.85 (up from MU₨14.27 in 1Q 2024). Revenue: MU₨9.35b (up 26% from 1Q 2024). Net income: MU₨4.81b (up 35% from 1Q 2024). Profit margin: 52% (up from 48% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Nov 13Upcoming dividend of MU₨13.50 per shareEligible shareholders must have bought the stock before 20 November 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Mauritian dividend payers (5.5%). In line with average of industry peers (4.9%).
공시 • Oct 25MCB Group Limited, Annual General Meeting, Nov 15, 2024MCB Group Limited, Annual General Meeting, Nov 15, 2024, at 10:30 Arabian Standard Time. Location: mcb ltd auditorium, 3rd floor, mcb st jean, st jean roundabout, quatre bornes, Mauritius
Reported Earnings • Sep 29Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: MU₨63.69 (up from MU₨57.67 in FY 2023). Revenue: MU₨33.2b (up 18% from FY 2023). Net income: MU₨16.0b (up 14% from FY 2023). Profit margin: 48% (down from 50% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 31Upcoming dividend of MU₨9.50 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 09 July 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Mauritian dividend payers (6.2%). In line with average of industry peers (5.8%).
Declared Dividend • May 16Dividend of MU₨9.50 announcedShareholders will receive a dividend of MU₨9.50. Ex-date: 7th June 2024 Payment date: 9th July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (19% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Feb 21Price target increased by 11% to MU₨581Up from MU₨521, the current price target is provided by 1 analyst. New target price is 76% above last closing price of MU₨330. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of MU₨61.70 for next year compared to MU₨57.67 last year.
Reported Earnings • Feb 15Second quarter 2024 earnings released: EPS: MU₨16.74 (vs MU₨15.99 in 2Q 2023)Second quarter 2024 results: EPS: MU₨16.74 (up from MU₨15.99 in 2Q 2023). Revenue: MU₨8.79b (up 23% from 2Q 2023). Net income: MU₨4.22b (up 8.2% from 2Q 2023). Profit margin: 48% (down from 55% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Nov 15Upcoming dividend of MU₨11.75 per share at 6.9% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Mauritian dividend payers (5.9%). Higher than average of industry peers (5.5%).
공시 • Oct 28MCB Group Limited, Annual General Meeting, Nov 17, 2023MCB Group Limited, Annual General Meeting, Nov 17, 2023, at 10:30 Mauritius Standard Time. Location: MCB Ltd Auditorium, 3rd Floor, MCB St Jean, St Jean Roundabout, Quatre Bornes Mauritius Agenda: To consider the Annual Report of the Company for the year ended 30th June 2023;to receive the Auditor's report; to consider and approve the Group's and the Company's Financial Statements for the year ended 30th June 2023;to re-elect as Director of the Company Mrs. Karuna Bhoojedhur-Obeegadoo who retires by rotation and, being eligible, offers herself for re-election in accordance with the Constitution of the Company; to re-elect as Director of the Company Mr. Stephen Davidson who retires by rotation and, being eligible, offers himself for re-election in accordance with the Constitution of the Company; to re-elect as Director of the Company Mr. Michael Lising who retires by rotation and, being eligible, offers himself for re-election in accordance with the Constitution of the Company.
New Risk • Oct 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.5% increase in shares outstanding).
Reported Earnings • Sep 29Full year 2023 earnings released: EPS: MU₨57.67 (vs MU₨40.14 in FY 2022)Full year 2023 results: EPS: MU₨57.67 (up from MU₨40.14 in FY 2022). Revenue: MU₨28.1b (up 38% from FY 2022). Net income: MU₨14.1b (up 47% from FY 2022). Profit margin: 50% (up from 47% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
Upcoming Dividend • May 31Upcoming dividend of MU₨8.50 per share at 5.1% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Mauritian dividend payers (6.3%). Lower than average of industry peers (6.4%).
Reported Earnings • May 20Third quarter 2023 earnings released: EPS: MU₨16.69 (vs MU₨9.66 in 3Q 2022)Third quarter 2023 results: EPS: MU₨16.69 (up from MU₨9.66 in 3Q 2022). Revenue: MU₨7.66b (up 53% from 3Q 2022). Net income: MU₨4.11b (up 77% from 3Q 2022). Profit margin: 54% (up from 47% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Feb 15Second quarter 2023 earnings released: EPS: MU₨15.99 (vs MU₨11.10 in 2Q 2022)Second quarter 2023 results: EPS: MU₨15.99 (up from MU₨11.10 in 2Q 2022). Revenue: MU₨7.15b (up 35% from 2Q 2022). Net income: MU₨3.90b (up 47% from 2Q 2022). Profit margin: 55% (up from 50% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Nov 23Price target increased to MU₨521Up from MU₨481, the current price target is provided by 1 analyst. New target price is 70% above last closing price of MU₨306. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of MU₨50.90 for next year compared to MU₨40.14 last year.
Upcoming Dividend • Nov 16Upcoming dividend of MU₨8.00 per shareEligible shareholders must have bought the stock before 22 November 2022. Payment date: 22 December 2022. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Mauritian dividend payers (4.9%). Lower than average of industry peers (5.7%).
Upcoming Dividend • Jun 01Upcoming dividend of MU₨5.90 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Mauritian dividend payers (3.9%). Lower than average of industry peers (5.4%).
Price Target Changed • May 03Price target increased to MU₨481Up from MU₨419, the current price target is provided by 1 analyst. New target price is 44% above last closing price of MU₨335. Stock is up 46% over the past year. The company posted earnings per share of MU₨33.51 last year.
Reported Earnings • Feb 13Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: MU₨11.10 (up from MU₨7.77 in 2Q 2021). Revenue: MU₨5.28b (up 22% from 2Q 2021). Net income: MU₨2.66b (up 43% from 2Q 2021). Profit margin: 50% (up from 43% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 18First quarter 2022 earnings released: EPS MU₨9.35 (vs MU₨8.05 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: MU₨4.84b (up 15% from 1Q 2021). Net income: MU₨2.24b (up 16% from 1Q 2021). Profit margin: 46% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Nov 15Upcoming dividend of MU₨9.50 per shareEligible shareholders must have bought the stock before 22 November 2021. Payment date: 21 December 2021. Trailing yield: 5.8%. Within top quartile of Mauritian dividend payers (3.6%). Higher than average of industry peers (4.4%).
Reported Earnings • Oct 01Full year 2021 earnings released: EPS MU₨33.51 (vs MU₨33.10 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: MU₨17.6b (up 4.5% from FY 2020). Net income: MU₨8.02b (up 1.3% from FY 2020). Profit margin: 46% (down from 47% in FY 2020). The decrease in margin was driven by higher expenses. Cost-to-income ratio: 36.9% (up from 35.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 24Upcoming dividend of MU₨7.25 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 05 July 2021. Trailing yield: 5.7%. Within top quartile of Mauritian dividend payers (4.3%). Higher than average of industry peers (3.5%).
Is New 90 Day High Low • Feb 15New 90-day low: MU₨227The company is down 1.0% from its price of MU₨230 on 17 November 2020. The Mauritian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is MU₨99.29 per share.
Reported Earnings • Feb 12Second quarter 2021 earnings released: EPS MU₨7.77 (vs MU₨11.53 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: MU₨4.34b (down 16% from 2Q 2020). Net income: MU₨1.86b (down 33% from 2Q 2020). Profit margin: 43% (down from 53% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 02New 90-day low: MU₨205The company is down 11% from its price of MU₨232 on 03 July 2020. The Mauritian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is MU₨149 per share.