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| 14.8.2023| Republic, ‘First Citizens’ Post Solid Results
This week, at Bourse, 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 their nine-month periods (9M2023) ended June 30th, 2023. Both RFHL and FCGFH reported positive earnings growth, reflecting generally improving conditions. Can both banks’ […]
Bourse Report| 15.05.2023| Republic Earnings Improve, Angostura Declines
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Republic Financial Holdings Limited (RFHL) for its six months ended 31st March 2023 and Angostura Holdings Limited (AHL) for its first quarter ended 31st March 2023. RFHL would have generated higher operating profits partially offset by higher credit loss expenses, while AHL profitability dipped on […]
Bourse Report| 6.02.2023| Republic posts solid first quarter results
This week on the Bourse Report, Sarodh Ramkhelawan, reviews the performance of Republic Financial Holdings Limited (RFHL) for its first fiscal quarter ended 31st December, 2022. The Group would have generated higher operating profits, offset by higher credit loss expenses. We also provide a brief update on the termination of the CLICO Investment Fund (CIF) […]
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 […]