221,65 MAD
▲ 0.29%
Share Capital
2 050 000 000 MAD
Equity
24 000 000 000 MAD
Number of Shares
205 000 000
Sales Figures
15 000 000 000 MAD
Operating Result
4 200 000 000 MAD
Net Income
2 500 000 000 MAD
BPA (EPS)
12.00 MAD
ROE
8.5%
Payout Ratio
40%
Dividend Yield
2.8%
PER (P/E)
15.6
PBR (P/B)
1.4
Bank of Africa (formerly BMCE Bank) is a leading Pan-African financial group. It has a significant presence in Morocco and operates in over 30 countries across Africa, Europe, and Asia.
The Casablanca Stock Exchange experienced a pause in its upward momentum, with the MASI index declining by 0.56% on Wednesday. Despite this setback, the index maintains a year-to-date gain of 3.18%.
Five companies, including Delta Holding and Jet Contractors, have transitioned from Principal B to the more prestigious Principal A segment of the Casablanca Stock Exchange, enhancing the market's liquidity profile.
The Moroccan banking system shows robust fundamentals, supported by a favorable macroeconomic environment. Recent data highlights significant growth in deposits and loans, alongside improved profitability and solvency.