Maendeleo Bank PLC reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was TZS 2,484 million compared to TZS 1,549 million a year ago. Net income was TZS 357 million compared to TZS 115 million a year ago.

Basic earnings per share from continuing operations was TZS 14 compared to TZS 7 a year ago. Diluted earnings per share from continuing operations was TZS 14 compared to TZS 7 a year ago.