Trust Bank Ltd. announced unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net interest income of GMD 77,148,000 against GMD 89,627,000 for the same period a year ago. Operating income was GMD 114,736,000 against GMD 143,710,000 for the same period a year ago.

Profit before income tax was GMD 24,008,000 against GMD 55,057,000 for the same period a year ago. Profit for the period was GMD 16,566,000 against GMD 37,438,000 for the same period a year ago. Net cash used in operating activities was GMD 232,542,000 against GMD 564,299,000 for the same period a year ago.

Basic or diluted earnings per share were 8 Bututs against 19 Bututs a year ago. Purchase of property and equipment was GMD 17,589,000 against GMD 28,218,000 a year ago.