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|12.06.2023| FirstCaribbean Improves, Scotia Slips
This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Scotiabank Trinidad & Tobago (SBTT) and FirstCaribbean International Bank Limited (FCI) for their fiscal six-months (HY2023) period ended April 30, 2023. SBTT’s profitability was adversely impacted by higher expenses, while FCI benefited from increased revenue supported by improved economic activity. Could FCI continue to grow […]
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 […]
