Mwalimu Commercial Bank PLC reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net interest income was TZS 1,668 million compared to TZS 1,089 million a year ago. Net income was TZS 150 million compared to net loss of TZS 95 million a year ago.

Basic earnings per share from continuing operations was TZS 2 compared to basic loss per share from continuing operations of TZS 2 a year ago.