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| 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 […]
Bourse Report | 21.03.2022 | SBTT Improves, WCO Struggles
On this weeks’ #Boursereport, Sarodh Ramkhelawan, CFA discusses the financial performance of the Canadian-owned Banking giant, #Scotiabank Trinidad and Tobago Limited (#SBTT), for the first quarter ended January 31st, 2022. We also review the performance of the West Indian Tobacco Company Limited (#WCO) for the financial year ended December 31st, 2021. SBTT advanced on account […]