Tag: results
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Bank of Valletta posts weaker first-quarter profits despite stronger interest income
Bank of Valletta has started 2026 with weaker profits compared to the same quarter last year, despite continued growth in its balance sheet, lending activity, customer deposits and net interest income. According to the bank’s latest quarterly financial update, BOV reported a profit before tax of €54 million for the first quarter of 2026, down…
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Bank of Valletta’s profits drop by 29% in 2025 after record-2024 year
Bank of Valletta has reported a notable decline in profitability for 2025 following a record-breaking performance in 2024, as lower interest rates and rising costs weigh on earnings despite continued growth in lending and investment activity. The bank posted a record of pre-tax profit of €302.4 million in 2024, up from €251.6 million in 2023…
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Bank of Valletta’s results come out weaker than last year’s
Bank of Valletta’s results for the first nine months of this year have have come out weaker than last year as Bank announced a profit before tax of up to €192.1 million, 14% less than the €223.7 million it announced last year. It announced however that it has surpassed €16 billion in assets under its…
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Bank of Valletta keeps posting good results: announces share buyback
Bank of Valletta (Group) continued posting good results as it announced its first quarter results yesterday afternoon stating it made a revenue of €67.1 million, 5.3% higher than the last year’s quarter. BOV Group’s balance sheet grew by 3.6% to €549 million. The bank has also announced a share buyback, but the buyback will be…
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Malta welcomes record 3.593 million tourists in 2024
A record number of 3.593 million tourists visited Malta in 2024, marking a 19% increase over 2023. Tourism expenditure was also up by 23% over 2023. Results were presented at the National Tourism Conference by Malta Tourism Authority CEO Carlo Micallef. Newly appointed MTA Chairperson Charles Mangion was also in attendance. Speaking on the sidelines…
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Despite soaring NAV and great results BOV is still not getting a lot of love at the MSE
Bank of Valletta’s market cap is still relatively undervalued according to its net-asset value (NAV) which should be above €2 per share according to estimates by various sources. The stock popped 6.7% after the bank released its half yearly results, yet, despite the very good results and pop in price, there are still too many…
