Maendeleo 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 1,909 million compared to TZS 1,694 million a year ago. Net income was TZS 202 million compared to TZS 70 million a year ago. Basic earnings per share from continuing operations was TZS 8. Diluted earnings per share from continuing operations was TZS 8.
For the nine months, net interest income was TZS 5,549 million compared to TZS 4,590 million a year ago. Net income was TZS 392 million compared to TZS 175 million a year ago. Basic earnings per share from continuing operations was TZS 16 compared to TZS 5 a year ago. Diluted earnings per share from continuing operations was TZS 16 compared to TZS 5 a year ago.