Home Tag "Gary Brown"

FirstCaribbean Exploring NYSE Listing

Photo Caption: Businessuite 2017 Top Barbados CEO – Gary Brown Chief Executive Officer CIBC FirstCaribbean International Bank The Barbados-headquartered CIBC FirstCaribbean International Bank has confirmed that it is exploring listing some of its shares on the stock market in the United States. The confirmation came on the heels of the Reuters news agency reporting that […]

Elite Diagnostic’s Jamaica Stock Exchange Listing Brings Value Of Junior Market To JA$121 Billion.

Businessuite 2017 Top Barbados CEO – Gary Brown Chief Executive Officer CIBC FirstCaribbean International Bank

Nat Rank Nat Rank Carib Rank Listed Company LC$000 US$000 LC$000 US$000 % 2017 2016 2017 2016/17 2016/17 2015 2015 Change 1 NR 13 First Caribbean International Limited $143,336 $97,932 46.36% Gary Brown was appointed Chief Executive Officer of CIBC FirstCaribbean with effect from 1st January 2016. Prior to this, he was Global Head of […]

Caribbean Cream Revenue And Market Share Growth Achieved By Maintaining Retail Prices, Despite Increasing Costs.

Firstcaribbean International Bank Reporting Lower Net Income 12% Below 2016 Third Quarter – Brown

Firstcaribbean International Bank Limited is reporting lower net income of US$33.4 million for the third quarter ended July 31, 2017, US$4.6 million or 12% below the third quarter’s net income of US$38.0 million a year ago. For the nine months ended July 31, 2017, the Bank also reported lower net income of US$104.3 million, down […]

Caribbean Cream Revenue And Market Share Growth Achieved By Maintaining Retail Prices, Despite Increasing Costs.

Delivered Another Quarter Of Strong Operating Results And Showed Profitable Growth Despite An Uncertain Economic Environment – Brown

Chief Executive Officer of Barbados Based FirstCaribbean International Bank Limited Gary Brown is reporting net income of US$37.2 million for the second quarter of the fiscal, US$2.9 million or 8% above the second quarter’s net income of US$34.3 million a year ago. Overall, the Bank delivered another quarter of strong operating results and showed profitable […]

Caribbean Cream Revenue And Market Share Growth Achieved By Maintaining Retail Prices, Despite Increasing Costs.

CIBC FirstCaribbean Reporting 46% Jump In Net Income

Gary Brown Chief Executive Officer of CIBC FirstCaribbean is reporting a 46% jump in net income of US$143.3 million, up US$45.4 million for the fiscal year ended October 31, 2016 Lower loan loss impairment expense contributed significantly to this result, as the Bank benefited from increased loan recoveries and an improved loss experience he reported. […]

Elite Diagnostic’s Jamaica Stock Exchange Listing Brings Value Of Junior Market To JA$121 Billion.

CIBC FirstCaribbean 2016 Financial Results Built On 2015 Recovery – Gary Brown

For the fiscal year ended October 31, 2016, CIBC FirstCaribbean reported net income of US$143.3 million, up US$45.4 million or 46%, a significant improvement in performance when compared with prior year’s net income of $97.9 million. Lower loan loss impairment expense contributed significantly to this result, as the Bank benefited from increased loan recoveries and […]

Caribbean Cream Revenue And Market Share Growth Achieved By Maintaining Retail Prices, Despite Increasing Costs.