Bourse Report| 24.6.2024| FirstCaribbean, Scotia Earnings Improve
This week, on the Bourse Report, we review the performance of Scotiabank Trinidad & Tobago (SBTT) and First Caribbean International Bank Limited (FCI) for their respective six-month fiscal periods (HY2024) ending April 30, 2024. Both SBTT and FCI reported higher profits, despite modest revenue growth. Could FCI and SBTT continue to grow earnings in the […]
Bourse Report| 18.12.2023 | FirstCaribbean Improves, Scotia Dips
This week on the Bourse Report, Sarodh Ramkhelawan reviews the performance of two locally-listed, Canadian banking giants, FirstCaribbean International Bank Limited (FCI) and Scotiabank Trinidad and Tobago Limited (SBTT) for their respective full year financial results for the period ending October 31st, 2023 (FY2023). FCI benefitted from solid revenue growth buoyed by higher interest rates […]
Bourse Report| 18.09.2023| FirstCaribbean Earnings Up, Scotia Slips
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of two locally listed banks, FirstCaribbean International Bank Limited (FCI) and Scotiabank Trinidad and Tobago Limited (SBTT) for their respective nine-month reporting periods ending July 31st, 2023 (9M 2023). SBTT’s increased revenue was offset by lower non-interest Income and higher Non-Interest Expenses. FCI, meanwhile, posted solid […]
Bourse Report| 20.03.2023| FirstCaribbean, Scotia Earnings Advance
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of two Canadian-owned, locally-listed banks, FirstCaribbean International Bank Limited (FCI) and Scotiabank Trinidad and Tobago Limited (SBTT) for their first fiscal quarter ended January 31st, 2023. Both banks would have reported improved earnings, benefitting from increased revenues. Could both entities continue this momentum, despite the still […]
Bourse Report| 27.06.2022| FCI, SBTT Record Improved Earnings
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of two Canadian-owned Banking stocks, FirstCaribbean International Bank Limited (FCI) and Scotiabank Trinidad and Tobago Limited (SBTT) for the six-month period ended April 30th 2022 (HY 2022). SBTT reported lower Net Interest Income which was offset by increased revenues from other business lines. FCI, meanwhile, benefitted […]
