FIMBank plc – Preliminary Statement of Annual Results for Financial Year ended 31 December 2016

The Bank announced its results for the year ended 31 December 2016.  The bank registered a profit before tax of $398k, following at reported loss of $13.03 million in 2015. Earnings per share increased from a $1.97 loss in 2015 to a $0.11 earnings per share in 2016.

Directors will be recommending a one for 80 Bonus Share issue by way of capitalisation of the share premium account. Shareholders on the Register of Central Securities Depositary of the Malta Stock Exchange on the 11 April 2017 will be entitled for the bonus shares. 

To view the full announcement, click here.