Palestine Investment Bank P.L.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 6.61 million compared to USD 4.47 million a year ago. Net income was USD 1.47 million compared to USD 0.590152 million a year ago. Basic earnings per share from continuing operations was USD 0.019 compared to USD 0.008 a year ago.
For the six months, net interest income was USD 12.73 million compared to USD 9.17 million a year ago. Net income was USD 3.6 million compared to USD 2.34 million a year ago. Basic earnings per share from continuing operations was USD 0.046 compared to USD 0.03 a year ago.