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The Maltese Herald

Bank of Valletta’s stock price keeps soaring on news of HSBC’s good results

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by

Maltese Herald
in ,

Bank of Valletta’s stock price increased by a further 5.5% following HSBC Malta’s positive results. BOV’s stock price has been climbing a wall of fear since it hit a bottom in March 2022 of just €0.75. The stock price began raising consistently after BOV announced its settlement over the Deiulemar case.

Bank of Valletta has been achieving record results with increasing profits from its lending activity, increasing cash volume, improved trading activity and significant purchases of US Treasuries which are effectively providing the bank with free cash. The bank’s stock price has also been buoyed by announcements by the bank to consider stock buybacks. The stock is currently at €1.9.

BOV will be announcing its full yearly results on March 27th.

 

Comments

4 responses to “Bank of Valletta’s stock price keeps soaring on news of HSBC’s good results”

  1. carmel debono avatar
    carmel debono

    how is it that hsbc share prize does not soar

    Reply
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