
Overview
Wealth and banking services provider's Q4 net income rose yr/yr
Loans increased 21% yr/yr to $814 mln at year end
Total deposits rose 43% yr/yr to $1.24 bln
Result Drivers
LOAN GROWTH - Loans increased 21% yr/yr to $814 mln at year end, supporting revenue growth
DEPOSIT INCREASE - Total deposits rose 43% yr/yr to $1.24 bln, aiding in funding growth
NET INTEREST MARGIN - Net interest margin rose to 2.97% in Q4, reflecting improved interest income
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income |
| $5.48 mln |
|
Q4 Net Interest Margin |
| 2.97% |
|
Press Release: ID:nGNX5R2d1F
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