National Bank of Bahrain BSC announced unaudited earnings results for the first quarter ended March 31 2018. For the quarter, the company reported interest income was BHD 27.91 million against BHD 23.81 million a year ago. Net interest income was BHD 19.65 million against BHD 17.11 million a year ago. Total operating income was BHD 30.12 million against BHD 26.71 million a year ago. Profit before provisions was BHD 20.11 million against BHD 19.05 million a year ago. Profit for the period was BHD 19.74 million against BHD 14.74 million a year ago. Basic and diluted earnings per share was 14.1 fills per share against 10.5 fills per share a year ago. Net cash used in operating activities was BHD 74.34 million against BHD 109.03 million a year ago. Purchase of property & equipment, net was BHD 0.97 million against BHD 0.83 million a year ago.

For the quarter, the company reported net impairment loss was BHD 0.37 million against BHD 4.31 million a year ago.