Acceleration of net loans lifts SECB’s 9-month income

Quick Summary:

PUBLICLY-listed Security Bank Corp.(PSE: SECB) posted a double-digit growth in its net income in the first three quarters of 2024.

The Bank had earlier paid regular cash dividend for the first semester of P1.50 per common share on April 29, 2024.Cai U.

In a statement to the Philippine Stock Exchange (PSE), the lender said its net income reached P8.5 billion in the first three quarters, a 12-percent growth compared to the same period last year.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: PhilippinesUnited States

Topics: Loans Lender First Bank’s 2024 Bank Year Security Growth Year-on-year Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 16:01:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 737 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23588607

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 63 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions