Nova Banka announced earnings results for the first quarter of 2016. The company reported net profit reached BAM 3.8 million in the first quarter of 2016. However, in its first-quarter report last year the lender said its net profit amounted to BAM 3.02 million. Net interest income amounted to BAM 18.7 million in the three months through March. In 2015 the bank saw a 5.6% increase in net profit to BAM 12.1 million.