August 30, 2016 11:37 AM ET

Banks

Company Overview of Bank of The Bahamas Limited

Company Overview

Bank of The Bahamas Limited provides commercial, retail, and private banking services. The company’s products include checking accounts, savings accounts, and term deposits; and consumer/ personal loans, mortgages, refinancing, debt consolidation, home equity loans, auto loans, overdraft facilities, and business loans, as well as letters of credit. It also offers business services, such as depository, payroll, and merchant services; investment services comprising retirement planning, investment certificates, and rate escalator investments; and credit card, funds transfer, online and mobile banking, e-commerce, and bill pay services. In addition, the company is involved in the provision of ca...

Claughton House

Shirley & Charlotte Streets

Nassau,  

Bahamas

Founded in 1970

Key Executives for Bank of The Bahamas Limited

Acting Managing Director and Director
Chief Financial Officer
Deputy Managing Director
Compensation as of Fiscal Year 2016.

Bank of The Bahamas Limited Key Developments

Bank Of The Bahamas Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

Bank Of The Bahamas Limited reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported net interest income of BSD 6,559,916 compared to BSD 7,986,900 a year ago. Total operating income was BSD 7,397,458 compared to BSD 9,710,977 a year ago. Net operating income was BSD 917,083 compared to BSD 7,399,620 a year ago. Net loss was BSD 7,252,200 compared to BSD 1,301,363 a year ago. Net loss available to common shareholders was BSD 7,252,200 or BSD 0.34 per share compared to BSD 2,532,613 or BSD 0.12 per share a year ago. For the nine months period, the company reported net interest income of BSD 19,321,689 compared to BSD 25,250,264 a year ago. Total operating income was BSD 23,064,725 compared to BSD 30,094,000 a year ago. Net operating income was BSD 7,788,597 compared to BSD 16,821,998 a year ago. Net loss was BSD 17,147,573 compared to BSD 7,417,758 a year ago. Net loss available to common shareholders was BSD 17,147,573 or BSD 0.80 per share compared to BSD 9,880,259 or BSD 0.46 per share a year ago. Net cash provided by operating activities was BSD 38,196,752 compared to net cash used in operating activities of BSD 5,148,222 a year ago. Acquisition of property and equipment was BSD 611,982 compared to BSD 2,637,661 a year ago. Acquisition of intangible assets was BSD 32,807 compared to BSD 106,335 a year ago.

Similar Private Companies By Industry

Company Name Region
BAC Bahamas Bank Americas
Bank of The Bahamas Limited Americas
Commonwealth Bank Ltd. Americas
Concord Place Inc. Americas
Crédit Agricole Suisse Bank & Trust (Bahamas) Ltd. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Bank of The Bahamas Limited, please visit www.bankbahamas.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.