Attijari Bank's Financial Results and Proposed Dividend
Attijari Bank had already announced its result and proposed dividend nearly two weeks ago. Its financial statements have just been published, revealing more details.
Key Financial Highlights
- The company's profit for the 2025 fiscal year stood at 232,101 MTND, almost stable compared to 2024.
- The bank ended the year with a net banking product (PNB) of 709,632 MTND, a slight increase of 0.2% year-over-year.
- The cost of risk increased to 17,887 MTND, down from 37,680 MTND, indicating an improvement in asset quality.
- Operating expenses rose by 10.5% to 87,947 MTND, while personnel expenses increased from 240,754 MTND in 2024 to 259,222 MTND last year.
- This led to a 2.2% decline in operating income to 339,959 MTND.
Regulatory Ratios and Consolidated Results
- The bank's solvency ratio stood at 13.79%, an improvement of 98 basis points compared to 2024 (minimum regulatory requirement of 10%).
- The Tier I ratio gained 9 basis points to 11.26% (minimum regulatory requirement of 7%).
- At the consolidated level, the Attijari Bank Group reported a net result of 235,336 MTND, down 1.8% year-over-year.
Stock Performance and Investment Opportunity
- On the stock market, the title has already achieved an annual return of 10.66% since the beginning of the year.
- Yesterday's closing yield stood at 5.1%, still offering a good investment opportunity for those with a medium to long-term investment horizon.
