HSBC Bank Malta plc – Preliminary Results for the year ended 31 December 2012

March 4, 2013
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

HSBC Bank Malta plc announced that the Board of Directors has approved the Preliminary Statement of annual results for the financial year ended 31 December 2012.

The Board of Directors resolved to recommend that the Annual General Meeting to be held on 18 April 2013 approves the payment of a final ordinary dividend of EUR 0.079 cent gross per share (EUR 0.051 cent net per share). This will be paid on 27 April 2013 to shareholders who are on the company’s register of shareholders as at 19 March 2013.

The Group registered a profit before tax of EUR 95.3m, compared to EUR 88.3m registered in 2011. Net interest income for the period under review amounted to EUR 133.1m, a rise of 2.97% from 2011. EPS increased to EUR 0.211.

To view the official company announcement, click here.