Mubasher: Bahrain Middle East Bank on Thursday reported a decline in its net profits for the first quarter of 2017, compared to figures from the same period last year.
The Bahrain-listed bank logged $1.41 million in profits in Q1-17, down 5% year-on-year from $1.49 million, according to a bourse filing.
Earnings per share (EPS) stood at 58 cents by the end of the first three months of the year against 61 cents in Q1-16.
The bank last reported $5.073 million in profits in 2016, compared to $5.079 million in 2015.
