Home Tag "CIBC FirstCaribbean International Bank."

First Caribbean International Bank Reporting 69% Jump In Net Income For Fiscal 2019

Barbados based First Caribbean International Bank is reporting for the fiscal year ended October 2019, that the Bank recorded net income of US$170.5 Million, up US$69.7Million or 69%, a significant increase from last year’s net income of US$100.0Million. Commenting on the performance Chief Executive Officer Colette Delaney noted that earnings were driven by solid growth […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Firstcaribbean International Bank Reporting 69% Jump In Net Income, As GNB Financial Group Owned By Jaime Gilinski Set To Become Majority Shareholder

FirstCaribbean International Bank Limited is reporting for the fiscal year ended October 31, 2019, net income of US$170.5 million, up US$69.7million or 69%, a significant increase from last year’s net income of $100.8 million.           Commenting on the results Chief Executive Officer Colette Delaney reported that earnings were driven by the […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Firstcaribbean International Bank Reporting 28% Jump In Net Income For The Quarter Ended July 31, 2019

Barbados based FirstCaribbean International Bank Limited is reporting for the quarter ended July 31, 2019, net income of US$48.6 million, an increase of US$10.6million or 28% from the third quarter’s net income of US$38.0 million in 2018. On an adjusted basis, net income was US$45.9 million after adjusting for US$2.7 million in items relating to […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Firstcaribbean International Bank Reporting US$7M Or 16% Improvement In Net Income Of US$51M For Q2 2019

FirstCaribbean International Bank Limited is reporting net income of US$51 million for second quarter of fiscal 2019, an increase of US$7 million or 16% from the second quarter’s net income of US$44 million in the prior year. Commenting on the results Colette Delaney, Chief Executive Officer, noted to shareholders that on an adjusted basis, net […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

CIBC FirstCaribbean International Bank Appoints Colette Delaney New Chief Executive Officer.

Regional financial services institution, CIBC FirstCaribbean International Bank, has announced the appointment of Colette Delaney as its new Chief Executive Officer. Delaney, whose appointment becomes effective on November 1, succeeds Gary Brown, who retires on October 31. Delaney is a banking professional of more than thirty years’ experience, having started her career with CIBC in […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Gary Brown, Chief Executive Officer for FirstCaribbean International Bank Limited is reporting net income of US$43.9 million for their second quarter of fiscal 2018, up US$6.7 million or 18% from the second quarter’s net income of US$37.2 million a year ago. He’s reporting that during the quarter, they continued to deliver strong core results across […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

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 […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

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 […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

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 […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

CIBC FirstCaribbean To Suspend Dormant Account Charges Effective Immediately- Updated

Nigel Holness Managing Director of CIBC FirstCaribbean International Bank announced today that CIBC FirstCaribbean is to suspend dormant account charges effective immediately and that the bank will review the costs associated with the management and security of dormant accounts and how best they can be addressed. The announcement follows that of National Commercial Bank which […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors