Bourse Report| 13.5.2024| Republic, First Citizens Advance
This week, we at Bourse review the performance of two key and homegrown members of the local Banking Sector, Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their respective six-month periods (HY2024) ended March 31st, 2024. Both RFHL and FCGFH reported positive earnings growth, supported by a higher interest […]
Bourse Report| 19.02.2024| Republic, First Citizens Post Solid Results
This week, on the Bourse Report, Sarodh Ramkhelawan reviews the performance of two key members of the local Banking Sector, Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for the three-month period (Q12024) ended December 31st, 2023. Both RFHL and FCGFH reported positive earnings growth, reflecting generally improving conditions. Can […]
Bourse Report| 5.02.2023| First Citizens Advances, NCBFG Slips
This week, on the Bourse Report, Sarodh Ramkhelawan reviews the performance of two key members of the local Banking Sector, First Citizens Group Financial Holdings Limited (FCGFH) and NCB Financial Group Limited (NCBFG) for their fiscal years’ ended September 30th, 2023 (FY2023), respectively. FCGFH reported positive earnings growth supported by increasing revenue. NCBFG, meanwhile, reported […]
Bourse Report| 1.5.2023| First Citizens Improve, Unilever Dips
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of First Citizens Group Financial Holdings Limited (FCGFH) for its six months (HY2023) ended 31st March, 2023 and Unilever Caribbean Limited (UCL) for its financial year ended December 31st, 2022. FCGFH benefitted from increased operating income supported by a writeback of Credit Impairment Losses, while UCL’s […]
Bourse Report | 13.02.2023| First Citizens Earnings Up
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of local Banking Sector giant First Citizens Group Financial Holdings Limited (FCGFH) for the three months ended 31st December, 2022 (Q12023), with the Group generating higher operating profits. We also provide a brief update on TTSE’s trading activity as at January 31st, 2023.
Bourse Report| 19.12.2022| Republic, First Citizens Advance
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of local Banking Sector giants Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their fiscal years ended September 30th, 2022. RFHL reported earnings growth driven by an improvement in Operating Income. FCGFH, meanwhile, reported lower Operating Income which was offset […]
Bourse Report |08.08.2022| Republic, First Citizens Record Improved Earnings
This week, at Bourse Sarodh Ramkhelawan, reviews the performance of local Banking Sector stalwarts Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their nine months (9M 2022) ended 30th June, 2022. RFHL was able to deliver earnings growth driven by increased Operating Income. FCGFH, meanwhile, reported lower Operating Income […]
Bourse Report| 09.05.2022| Republic, First Citizens Improve
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of local Banking Sector giants Republic Financial Holdings Limited (RFHL) and First Citizens Group Financial Holdings Limited (FCGFH) for their six months (HY 2022) ended 31st March, 2022. Both Groups benefitted from increased Operating Income and lower Credit Impairment Losses, despite FCGFH’s fall in Net Interest […]
Bourse Report |07.02.2022| Republic, First Citizens Marginally Improve
On this week’s #BourseReport Sarodh Ramkhelawan, reviews the performance of local Banking Sector giants Republic Financial Holdings Limited (RFHL) and First Citizens Bank Limited (FCGFH) for their first fiscal quarters ended 31st December, 2021. While both Groups benefitted from increased Operating Income and lower Credit Impairment Losses, earnings improvements were marginal. What might investors expect […]
