Bermuda Commercial Bank Limited

Financial Positions

Total Assets (2018)
482.82 mln USD  (-38.07%)
Total Equity (2018)
105.42 mln USD  (-13.55%)

In 2018 total assets of Bermuda Commercial Bank Limited were 482.82 mln USD. Decline compared to the previous period (2017) was -38.07%. The evolution of the total assets of Bermuda Commercial Bank Limited is shown at Chart 1 below.

Total Assets of Bermuda Commercial Bank Limited.

Chart 1. Total Assets of Bermuda Commercial Bank Limited.

Recent changes in total assets of Bermuda Commercial Bank Limited and its main components are shown in Table 1.

2017 2018 % change
Cash and deposits with Central Banks 261.5 170.9 -34.65%
Available for sale financial assets 233.7 244.1 +4.42%
Loans to customers 245.7 42.6 -82.67%
Total Assets 779.6 482.8 -38.07%

Table 1. Recent changes in total assets of Bermuda Commercial Bank Limited (mln USD).

Recent changes in total liabilities of Bermuda Commercial Bank Limited and its main components are shown in Table 2.

2017 2018 % change
Deposits 585.7 367.7 -37.23%
Total Liabilities 779.6 482.8 -38.07%

Table 2. Recent changes in total liabilities of Bermuda Commercial Bank Limited (mln USD).

Profit and Loss

Net Income (2018)
7.18 mln USD  (+556.43%)

Recent changes in gross profit of Bermuda Commercial Bank Limited and its main components are shown in Table 3.

2017 2018 % change
Interest Income 36.0 30.5 -15.41%
Interest Charges -11.9 -7.1 -40.52%
Net Interest Income 24.1 23.4 -2.99%
Net Commission Income 3.3 3.8 +17.74%

Table 3. Recent changes in gross profit of Bermuda Commercial Bank Limited (mln USD).

In 2018 net income of Bermuda Commercial Bank Limited was 7.18 mln USD. Growth compared to the previous period (2017) was 556.43%. The evolution of the net income of Bermuda Commercial Bank Limited is shown at Chart 2 below.

Net Income of Bermuda Commercial Bank Limited.

Chart 2. Net Income of Bermuda Commercial Bank Limited.

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