HSBC Bank Malta plc – HSBC Bank Malta p.l.c. Preliminary Results

February 22, 2016
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

HSBC Bank Malta plc issued its financial results for the year ended December, 31 2015.

The Group registered a profit before tax of EUR46.8m compared to EUR52.1m registered in 2014. Net interest income for the period under review amounted to EUR 127m a rise of 3.7 per cent from 2014. Earnings per share decreased to EUR 0.082.

Moreover, the Board of Directors recommended a final gross dividend payment of EUR0.026 per share (EUR 0.017 net). This would make for a total gross dividend for the year of EUR 0.077 per share (total net dividend per share EUR 0.05), a 20 per cent increase compared to the previous year's divided adjusted for the bonus share issue in April 2015.

 

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