Ithmaar Holding B.S.C.

ITHMR

BH000A0J2499

Banks

End-of-day quote Bahrain Bourse Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
0.036 ^USD	-2.70%		-2.70%	+20.00%

Apr. 08	GFH Financial Group Says Talks Continue for Purchase of Ithmaar Portfolios	MT
Mar. 26	Ithmaar Holding Resumes Trading on Dubai Financial Market	MT

Ithmaar Holding B.S.C. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 13, 2023 at 11:32 pm EDT

Ithmaar Holding B.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 164.11 million compared to USD 104.17 million a year ago. Net loss was USD 3.5 million compared to net income of USD 7.94 million a year ago. Basic loss per share from continuing operations was USD 0.0012. Basic loss per share was USD 0.0012 compared to basic earnings per share of USD 0.0027 a year ago.
For the six months, net interest income was USD 306.79 million compared to USD 172.18 million a year ago. Net loss was USD 6.51 million compared to net income of USD 9.08 million a year ago. Basic loss per share from continuing operations was USD 0.0022. Basic loss per share was USD 0.0022 compared to basic earnings per share of USD 0.0031 a year ago.

Latest news about Ithmaar Holding B.S.C.

GFH Financial Group Says Talks Continue for Purchase of Ithmaar Portfolios	Apr. 08	MT
Ithmaar Holding Resumes Trading on Dubai Financial Market	Mar. 26	MT
Ithmaar Holding to Suspend Trading Amid General Assembly	Mar. 25	MT
Bahrain-based Ithmaar Holding's CEO Steps Down	Mar. 14	MT
Ithmaar Holding B.S.C. Announces the Resignation of Abdulla Abdulaziz Taleb as Chief Executive Officer, Effective 14 April 2024	Mar. 14	CI
GFH Financial Group In Talks to Buy Ithmaar Financing, Investment Portfolios	Mar. 06	MT
Ithmaar Holding B.S.C. Announces Appointment of Juma Hasan Ali Abul as an Executive Director	Feb. 29	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 14	CI
Ithmaar Holding Announces the Resignation of the Board Member, Mohammed Bucheeri	Jan. 01	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-13	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-07	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-21	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-14	CI
Ithmaar Holding B.S.C. Announces Board Appointments	22-09-28	CI
Ithmaar Holding B.S.C. Announces Changes in Executive Management	22-09-06	CI
Abdul Hakeem Khalil Al-Mutawa Retire as Deputy Chief Executive Officer of Ithmaar Holding B.S.C. on 30 September 2022	22-09-06	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-28	CI
Al Salam Bank B.S.C. completed the acquisition of Consumer Banking Business of Ithmaar/Bank of Bahrain and Kuwait B.S.C./Solidarity Group Holding from Ithmaar Holding B.S.C. for $2.2 billion.	22-07-06	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-14	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-15	CI
Al Salam Bank B.S.C. agreed to acquire Consumer Banking Business and unknown stake in Bank of Bahrain and Kuwait/Solidarity Group Holding from Ithmaar Holding B.S.C..	22-01-26	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-11	CI
Ithmaar Holding B.S.C. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-14	CI
Ithmaar and BBK Reportedly End Negotiations	21-07-06	CI

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Company Profile

Ithmaar Holding BSC, formerly Ithmaar Bank BSC, is a Bahrain-based company that offers, together with its subsidiaries, a range of financial services, including retail and commercial banking, investment banking, private banking, takaful, equipment leasing and real estate development in accordance to Islamic sharia principals. The Bank is organized into the following business segments: the Funds under Management segment, which manages clientsâ funds as a mudarib on trusteesâ basis; the Retail and Corporate Banking segment, which offers financing to its customers, and the Asset Management/Investment Banking segment, which is engaged in investment opportunities. The Bank operates through its head office and a network of over 15 commercial branches located across Bahrain. The Bankâs subsidiaries include Faisal Private Bank (Switzerland) SA, Cantara (Switzerland) SA and DMI Administrative Services SA, among others.

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Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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