Bank of Valletta (BOV)

Financial Positions

Total Assets (2018)
12,094.44 mln EUR  (+2.78%)
Total Equity (2018)
939.25 mln EUR  (+3.44%)

In 2018 total assets of Bank of Valletta (BOV) were 12,094.44 mln EUR. Growth compared to the previous period (2017) was 2.78%. The evolution of the total assets of Bank of Valletta (BOV) is shown at Chart 1 below.

Total Assets of Bank of Valletta (BOV).

Chart 1. Total Assets of Bank of Valletta (BOV).

Recent changes in total assets of Bank of Valletta (BOV) and its main components are shown in Table 1.

2017 2018 % change
Cash and deposits with Central Banks 159.7 246.3 +54.24%
Financial assets at fair value through profit or loss 325.3 205.2 -36.91%
Investments 3,374.5 3,315.0 -1.77%
Loans to banks 3,431.4 3,644.9 +6.22%
Loans to customers 4,162.0 4,363.0 +4.83%
Total Assets 11,767.3 12,094.4 +2.78%

Table 1. Recent changes in total assets of Bank of Valletta (BOV) (mln EUR).

Recent changes in total liabilities of Bank of Valletta (BOV) and its main components are shown in Table 2.

2017 2018 % change
Amount owed to banks 192.2 146.0 -24.02%
Amount owed to customers 10,102.2 10,418.0 +3.13%
Total Liabilities 11,767.3 12,094.4 +2.78%

Table 2. Recent changes in total liabilities of Bank of Valletta (BOV) (mln EUR).

Profit and Loss

Operating Income (2018)
260.49 mln EUR  (-14.62%)
Profit before Taxes (2017)
175.00 mln EUR  (+19.86%)
Annual Profit (2017)
108.00 mln EUR  (+13.68%)
Net Income (2018)
50.57 mln EUR  (-53.54%)

Recent changes in gross profit of Bank of Valletta (BOV) and its main components are shown in Table 3.

2017 2018 % change
Interest Income 259.9 222.5 -14.38%
Interest Charges -76.2 -57.4 -24.78%
Net Interest Income 182.9 156.5 -14.43%
Commission Income 87.6 83.3 -4.84%
Commission Charges -12.5 -11.2 -10.14%
Net Commission Income 75.1 72.1 -3.96%

Table 3. Recent changes in gross profit of Bank of Valletta (BOV) (mln EUR).

In 2017 profit before taxes of Bank of Valletta (BOV) was 175.00 mln EUR. Growth compared to the previous period (2016) was 19.86%. The evolution of the profit before taxes of Bank of Valletta (BOV) is shown at Chart 2 below.

Profit before Taxes of Bank of Valletta (BOV).

Chart 2. Profit before Taxes of Bank of Valletta (BOV).

In 2017 annual profit of Bank of Valletta (BOV) was 108.00 mln EUR. Growth compared to the previous period (2016) was 13.68%. The evolution of the annual profit of Bank of Valletta (BOV) is shown at Chart 3 below.

Annual Profit of Bank of Valletta (BOV).

Chart 3. Annual Profit of Bank of Valletta (BOV).

In 2018 net income of Bank of Valletta (BOV) was 50.57 mln EUR. Decline compared to the previous period (2017) was -53.54%. The evolution of the net income of Bank of Valletta (BOV) is shown at Chart 4 below.

Net Income of Bank of Valletta (BOV).

Chart 4. Net Income of Bank of Valletta (BOV).

Number of Employees

Number of Employees (2017)
1,636  (+7.77%)

In 2017 there were 1,636 employees of Bank of Valletta (BOV). Growth compared to the previous period (2015) was 7.77%. The evolution of the number of employees of Bank of Valletta (BOV) is shown at Chart 5 below.

Number of Employees of Bank of Valletta (BOV).

Chart 5. Number of Employees of Bank of Valletta (BOV).