Bank of Valletta plc – Interim Financial Statements

Bank of Valletta plc – Interim Financial Statements

Bank of Valletta plc announced that during a meeting held on the 29 April 2011, the Board of Directors approved the Group’s and Bank’s Interim Unaudited Financial Statements for the six months ended 31 March 2011.

The Group totalled EUR 67.8m in Net Interest Income during the six months ending 31 March 2011, compared to last year’s EUR 61.9m, a rise of 9.5 per cent. However, Profit before tax declined from EUR 47.4m to EUR 45.1m. Earnings per share for the period increased slightly from EUR 0.122 to EUR 0.126.

An interim dividend of EUR 0.0625 gross per share (EUR 0.0406 net of tax) has been declared by the Board of Directors in respect of the six months ended 31 March 2011. This will be paid on the 26 May 2011 to those Members appearing on the Bank’s Register of Members (as maintained at the Central Securities Depository at the Malta Stock Exchange) as at the close of business on Thursday, 12 May 2011.

To view the Interim Financial Statements, Click Here.