Mwalimu Commercial Bank PLC

DAR:MCB Stock Report

Market Cap: TSh19.2b

Mwalimu Commercial Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Richard Makungwa

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure6.2yrs
CEO ownershipn/a
Management average tenure5.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO

Richard Makungwa

6.2yrs

Tenure

Mr. Richard Louis Makungwa serves as Chief Executive Officer at Mwalimu Commercial Bank PLC since 2019.

Leadership Team

NamePositionTenureCompensationOwnership
Richard Makungwa
Chief Executive Officer6.2yrsno datano data
Mussa Mwachaga
Head of Financeless than a yearno datano data
Abdallah Kirungi
Head of ICT & OPS4yrsno datano data
Ellyjalia Mabiki
Head of Human Resources & Administration6.2yrsno datano data
Lufingo Mwakilasa
Head of Risk Management & Complianceno datano datano data
James Joseph
Act Head of Business Development & Marketingless than a yearno datano data
Blandina Palipo
Head of Credit6.2yrsno datano data

5.1yrs

Average Tenure

Experienced Management: MCB's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Celestine Muganga
Vice Chairperson6.6yrsno datano data
Francis Ramadhani
Chairperson5.6yrsno datano data
Mbaruku Magawa
Director4.7yrsno datano data
Kissa Kilindu
Director4.3yrsno datano data
Berthasia Patrick
Directorless than a yearno datano data
Nashon Kidudu
Directorless than a yearno datano data
Omary A-Magalla
Directorless than a yearno datano data
Festus N-Mitimingi
Directorless than a yearno datano data
Justine C-Kinyaga
Directorless than a yearno datano data

0.5yrs

Average Tenure

53yo

Average Age

Experienced Board: MCB's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/08 08:03
End of Day Share Price 2025/03/05 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mwalimu Commercial Bank PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.