BLOM Bank SAL Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
BLOM Bank SAL reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net interest income of $194,063,000 against $170,622,000 a year ago. Net fees and commission income was $33,862,000 against $32,530,000 a year ago. Total operating income was $245,260,000 against $214,356,000 a year ago. Net operating income was $239,481,000 against $214,670,000 a year ago. Net operating profit was $145,555,000 against $135,303,000 a year ago. Net profit before taxes was $144,398,000 against $135,300,000 a year ago. Net profit was $116,826,000 or $0.54 per basic and diluted share against $112,027,000 or $0.52 per basic and diluted share a year ago.