Maghrebail profit rises 15.4 percent: what it means for Maghrebail stock

Published on 10/14/2026 at 01:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Maghrebail earned MAD 82.5 million in first-half 2026, up 15.4 percent year over year. For Maghrebail stock, assets reached MAD 13,527 million.

Profit growth and leasing expansion

Maghrebail reported MAD 82.5 million in net income for the first half of 2026, up 15.4 percent year over year.
Net leasing assets reached MAD 13,527 million on September 30, 2026, an 8.15 percent annual increase.
Maghrebail announced a 5 percent withholding-tax measure on July 13, 2026.

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Maghrebail's net income rose 15.4 percent to MAD 82.5 million in the first half of 2026, according to Dirham Digest on September 30, 2026. The result gives Maghrebail stock a stronger earnings base as leasing assets and net banking income also expanded.

First-half assets grow 8.15 percent

Maghrebail ended the first half of 2026 with net leasing assets of MAD 13,527 million, up 8.15 percent from a year earlier. Net banking income increased 9.64 percent to MAD 239.8 million, while revenue reached MAD 2,345 million versus MAD 2,133 million in the comparable period, Dirham Digest reported.

The mix of the portfolio remains concentrated in business financing. Equipment leasing represented 68 percent of assets and real-estate leasing 32 percent in the first half, while the company's leasing market share stood at 21.75 percent.

Risk costs improve the earnings mix

Credit-risk charges declined from MAD 27.3 million to MAD 22.8 million in the first half of 2026, a 16.20 percent reduction. The lower charge contributed MAD 11 million to the improvement in net income, while provisions covered 86.72 percent of impaired receivables.

The figures show why the profit increase outpaced asset growth: leasing expansion added income, while lower risk charges supported conversion into earnings. For investors, the quality of repayment on new business remains the key counterweight to the 15.4 percent profit increase.

Three dated company developments

On April 16, 2026, Maghrebail listed participation in the 2026 International Health Show on its website. On July 13, 2026, the company published a notice concerning the non-application of a 5 percent withholding tax on leasing operations, according to Maghrebail. The September 30, 2026 first-half figures then showed net income of MAD 82.5 million and net banking income of MAD 239.8 million.

Casablanca price remains a dated reference

The last quoted Casablanca price was MAD 940.00 on October 13, 2026. Maghrebail is listed on the Casablanca Stock Exchange and belongs to the MASI Mid and Small segment, while its business centers on equipment and real-estate leasing.

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