Grupo Financiero Inbursa reported earnings results for the second quarter and six months ended June 2017. The company reported a 29% increase in net income in the second quarter to MXN 2.904 billion (USD 164 million) compared to the same period a year before. Net income from January to June reached MXN 8.555 billion, up 96% from the first quarter of 2016. The result was largely tied to a 132% increase in net income at its commercial bank to MXN 6.093 billion and a 336% rise at its insurance division to MXN 1.490 billion. NII in the first half of 2017 rose 15% year-on-year to MXN 13.23 billion.