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Bourse Report 13th March 2017

Bourse Report 13th March 2017
Bourse Securities

FCI Lower, SBTT & SIJL Improve.

This week, we review the performance of FirstCaribbean International Bank (FCI), Scotiabank Trinidad and Tobago Limited (SBTT) and Scotia Investments Jamaica Limited (SIJL) for the quarter ended January 2017. FCI experienced a dip in Net Interest Income among other declines. SBTT benefitted from higher Net Interest Income, which positively impacted its Earnings per Share. SIJL continued its diversification strategy, as it aims to become less reliant on Net Interest Income. We take a closer look at the performances as well as provide a brief outlook.

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