RSS

RCB income drops 16.7% to PHP 4.41Billion

05 Mar

BY UNICAPITAL SECURITIES

Rizal Commercial Banking Corp. (RCBC) posted an unaudited consolidated net income of PHP 4.41 billion in 2014, 16.7% lower than the PHP 5.31 billion earnings in 2013.

However, core income, which excludes trading gains and extraordinary income, increased 29%.

Be a SMART stock investor guided by 8 top stockbrokers! (size 468x60)
Which stocks to BUY or SELL? Find out on PinoyInvestor.com!

Net interest income reached PHP 14.98 billion, up 13% from PHP 13.31 billion the prior year.

Net interest margin (NIM) improved 4.3% as against 4.22% in 2013.

Advertisements
 
Leave a comment

Posted by on March 5, 2015 in Corporate News, RCB, Stock Market

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

 
%d bloggers like this: