Mercantile Bank Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 26, 2022 at 11:30 pm EDT
Mercantile Bank Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was BDT 1,280.88 million compared to BDT 1,363.14 million a year ago. Net income was BDT 1,521.58 million compared to BDT 1,462.48 million a year ago. Basic earnings per share from continuing operations was BDT 1.3333 compared to BDT 1.2941 a year ago.
For the six months, net interest income was BDT 2,624.41 million compared to BDT 2,376.82 million a year ago. Net income was BDT 2,407.9 million compared to BDT 2,090.88 million a year ago. Basic earnings per share from continuing operations was BDT 2.1765 compared to BDT 1.8922 a year ago.