HSBC Bank Malta plc. – Half yearly results for 2017

The Group registered a profit before tax of €25.9 million, compared to a profit of €41.3 million registered in the comparable period of 2016. On an adjusted basis, after excluding the €10,8 million investment gain on the sale of Visa Europe last year, profit was down by 15 per cent. 

Net interest income for the period under review amounted to €60,3 million – down by 5.6 per cent from 2016. Earning per share (EPS) decreased from €7.5c to €4.7c, and a net interim dividend of 3 cents net per share will be paid on September 11 to shareholders on the company’s share register as at August 10,2017 – in-line with the current dividend pay-out ratio of 65 per cent. 

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