Bahrain Middle East Bank (BMB)

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News

27 April 2017 10:15 AM Bahrain Middle East profits fall 5% in Q1

Mubasher: Bahrain Middle East Bank on Thursday reported a decline in its net profits for the first quarter of 2017, compared to figures from the same period last year. The Bahrain-listed bank logged $1.41 million in profits in Q1-17, down 5% …

Financial Results

17 April 2017 00:12 PM AN Investment acquires stake in BMB Investment Bank

Mubasher: BMB Investment Bank said that AN Investment has purchased 61.09 million shares of the bank’s equity. This stake represents 25.24% of the issued ordinary and paid-up shares, according to a bourse statement issue on Monday. AN Investment …

Corporate Actions

23 March 2017 11:57 AM ANI to acquire 33.1% of BMB

Bahrain – Decypha: AN Investment W.L.L. (ANI) announced its intention to acquire 33.1% of Bahrain Middle East Bank (BMB). ANI currently owns 42.97% of the ordinary shares in BMB, while Al Fawares Holding Company KSC (c) owns 23.93% of the ordinary …

Mergers and Acquisitions

1 February 2017 04:40 PM Bahrain’s BMB profits soar 586% in Q4

Mubasher: Bahrain Middle East Bank (BMB) on Wednesday reported a profit surge of 585.51% during the fourth quarter of 2016, compared with the same period of the previous year. Profits reached $473,000 in Q4-16, up from $69,000 in Q4-15, according …

Financial Results

3 November 2016 03:05 PM BMB posts 1% rise in Q3 profits

Mubasher: Bahrain’s Middle East Bank’s (BMB) net profit for the third quarter of fiscal 2016 rose by 1.11% to BHD 1.82 ($691,000), versus BHD 1.8 million ($683,000) for Q3-15. Net profit for the first nine months of 2016 reached BHD 4.6 million, …

Financial Results

14 August 2016 00:37 PM Bahrain's BMB profits down 27% in Q2

Mubasher:  Bahrain Middle East Bank (BMB) recorded a 26.5% decline in profits in the second quarter of 2016, to $1.33 million (BHD 501,500), down from $1.81 million (BHD 682,500) in the same period last year. The bank achieved a net profit of $2.8 …

Financial Results

11 February 2016 00:03 PM Bahrain's BMB reports 84% fall in Q4

Mubasher: Bahrain Middle East Bank (BMB) posted net earnings of BHD 30,000 ($79,000) for the fourth quarter of 2015, dropping 84% compared with BHD 494,000 ($1.3 million) in the year-ago period. Full-year net earnings also grew 12.2% year-on-year …

Financial Results

15 December 2015 10:46 AM Bahrain Middle East to discuss financials 10 February

Mubasher: Bahrain Middle East Bank will hold a board meeting on 10 February to consider the financial statements for 2015. This year, the nine-month profit of the bank reached $5 million (BHD 1.8 million) as compared to $3.2 million (BHD 1.2 …

Event

20 September 2015 11:03 AM Bahrain's BMB to review Q3 figures 29 October

Mubasher: Bahrain Middle East Bank (BMB) said it will convene a board meeting on 29 October to look into financial statements for the fiscal period ending 30 September 2015. H1 net earnings reached $3.2 million, compared with $2.37 million in the …

Event

8 February 2015 10:41 AM Bahrain Middle East Bk swings to profit in 2014

Cairo-Mubasher: Bahrain Middle East Bank posted net earnings of nearly $4.52 million (BHD 1.7 million) for 2014, against net losses of $4.66 million (BHD 1.76 million) in 2013.The earnings per share reached nearly 1.87 cents per share, against …

Financial Results