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BMCI Posts 28.9% Surge in Consolidated Net Profit for 2025
Moroccan banking group BMCI announced a strong performance for the year ended December 31 2025, delivering a consolidated net profit of MAD 420 million – a 28.9 % increase over 2024. The rise was driven by higher net interest margins, growing fee income and modest gains in market operations, while the bank continued to tighten risk provisions and improve cost efficiency. The results underline BMCI’s contribution to the national economy and its ongoing focus on revenue growth and disciplined expense management.
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Key Financial Highlights for 2025
Consolidated Net Profit: MAD 420 million, up 28.9 % YoY.
Consolidated Net Banking Income (NBI): MAD 3.94 billion, a 4.1 % increase driven primarily by:
- Improved net interest margin (+4.1 %, +MAD 108 million) thanks to lower refinancing costs.
- Fee income growth of +7.9 % (+MAD 42 million).
- Market‑related earnings up 1.8 % (+MAD 11 million), mainly from foreign‑exchange activities in the Capital Markets division.
On a standalone basis, NBI reached MAD 3.71 billion, up 4.4 % year‑over‑year.
The operating expense ratio fell by 176 basis points to 57.4 %, while a positive “scissors effect” of 311 bps reflects the bank’s disciplined cost‑control strategy.
Risk Cost and Provisions
Consolidated risk cost: rose 12.5 % due to higher provisions for Stage 1 and Stage 2 loan portfolios and for subsidiaries.
Standalone risk cost: declined 33.6 % YoY, indicating an improved credit‑portfolio quality and a prudent provisioning policy. The coverage ratio improved to 81.1 % (vs. 80.1 % in 2024), supported by a favourable macro‑economic environment.
Operational Performance
The bank’s gross operating profit continued its upward trajectory both on a standalone and consolidated basis.
Overall, BMCI reaffirmed its role in supporting Morocco’s economic dynamics, with a 28.9 % rise in consolidated net profit and an impressive 88.5 % increase in standalone net profit, driven by strong commercial performance, cost discipline, and lower risk cost.