BMCI Reports 28.9% Increase in Consolidated Profits for 2025

Financial Performance Overview

BMCI has reported a consolidated net banking income of 3.94 billion dirhams as of December 31, 2025, marking a 4.1% increase compared to the end of December 2024.

This growth is primarily attributed to a 4.1% improvement in the net interest margin, which increased by 108 million dirhams, largely due to better refinancing costs.

Additionally, commission income rose by 7.9%, contributing 42 million dirhams to the overall performance.

The results from market operations also saw a modest increase of 1.8%, or 11 million dirhams, driven mainly by foreign exchange activities within the Capital Markets division.

Social Accounts Performance

In terms of social accounts, the net banking income reached 3.71 billion dirhams, reflecting a 4.4% increase from the previous year.

The operating efficiency ratio improved, decreasing by 176 basis points to 57.4%, alongside a positive scissors effect of 311 basis points, underscoring the bank's commitment to revenue enhancement and cost control.

Operating Results and Risk Costs

Both consolidated and social gross operating results continue to show an upward trend.

However, the consolidated cost of risk increased by 12.5%, reflecting a strengthening of provisions for credit portfolios (Stage 1 and 2) as well as for subsidiaries.

Conversely, the social cost of risk decreased by 33.6% compared to the previous year, indicating an improvement in credit portfolio quality and a prudent provisioning policy.

Coverage Ratio and Economic Contribution

The coverage ratio for social accounts stood at 81.1% at the end of December 2025, up from 80.1% at the end of December 2024.

This reduction in the cost of risk is attributed to a favorable macroeconomic environment.

BMCI reaffirms its role in supporting the dynamics of the national economy.

Net Profit Growth

The consolidated net profit surged by 28.9%, while the social net profit experienced a remarkable increase of 88.5%, driven by strong commercial performance, effective management of operating expenses, and a reduction in the cost of risk.