Tag: Half-yearly results
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HSBC Malta posts good half-yearly results but shrinks loan volume compared to last year
Malta’s main politically neutral and Nothing Ever Happens Bank posted its half-yearly results, yesterday. HSBC Malta posted increased profits due to higher interest rates and better trading activity. HSBC’s profits from its loans to its customers increased by 15% while its loan volume to customers decreased by 3.4% from €3 billion to €2.9 billion. Despite…
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Bank of Valletta’s stock price rises 6.7% after half of year earnings report
Bank of Valletta’s stock price has risen by 6.7% from €1.48 to €1.58 after announcing its half of the year earnings report. Profits for the bank surged by 40.9% compared to the first half of last year. The bank’s stock price has been on a slow grind up ever since it bottomed in March 2022…
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Bank of Valletta posted good results but share price is still subdued
Bank of Valletta has posted relatively good results for the first half of this year increasing its profits by up to 46% compared to the same period of last year. Its income on interest increased by up to 84%Â mostly with additional loans given that most Maltese loans haven’t changed their rates. BOV’s loan book…
