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SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24
New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Apollo Global Q1 net loss: P7.9-M (up 32%)
Apollo Global Capital posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million......»»
DITO FY23 net loss: P8.1-B (30% improvement)
DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
SSS loan scam tatalupan ng Kamara
Gigisahin ng Kamara de Representantes ang mga opisyal ng Social Security System (SSS) dahil sa loan scam kung saan maraming miyembro ang pinagbabayad ng loan kahit hindi sila nag-file. The post SSS loan scam tatalupan ng Kamara first appeared on Abante......»»
Semirara Q1 profit: P6.5-B (down 28%)
Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»
BPI unit targets to onboard more wealthy clients
The wealth management arm of Ayala-led Bank of the Philippine Islands (BPI) aims to onboard more clients with high to ultra-high net worth by the end of the year......»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
AllHome FY23 profit: P797-M (down 15%)
AllHome posted a FY23 net income of P797 million, down 15% from its FY22 net income of P933 million......»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
RHI widens net loss to P360 million
The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»
Roxas Holdings’ net loss triples to P2.2 billion
The net loss of sugar and ethanol producer Roxas Holdings Inc. more than tripled in its fiscal year 2023 as the group reeled from the closure of its milling operations......»»
Del Monte swings to net loss in 9 months
Del Monte Pacific Ltd. expects to finish its fiscal year 2024 in the red as the company slipped to a net loss in the nine months ending January......»»
Cebu Pacific FY23 profit: P7.9-B (up 156%)
Cebu Pacific, the Gokongwei Family’s budget airline, reported an FY23 net income of P7.9 billion, up 156% from its FY22 net loss of P14.0 billion......»»
Alternergy quarterly profit up 3198% y/y
Alternergy posted a Q2/24 net income of P24.2 million, which was up 3,198% y/y from its Q2/23 net loss of P0.8 million......»»
BPI, DSWD teach 4Ps beneficiaries how to save
BPI, DSWD teach 4Ps beneficiaries how to save.....»»