KUALA LUMPUR: PUBLIC BANK BHD [] net profit for the fourth quarter ended Dec 31, 2010 jumped 24.76% to RM846.19 million from RM678.23 million, driven mainly by growth in net interest and finance income, as well as higher non-interest income.
Its revenue for the quarter increased to RM2.97 billion from RM2.49 billion a year earlier. Earnings per share was 24.16.
The bank declared a second interim franked dividend of 25 sen less tax and single tier cash dividend of 8 sen in respect of the financial year ended Dec 31, 2010.
For the year ended Dec 31, 2010, Public Bank's net profit rose 21% to RM3.05 billion from RM2.52 billion, on the back of revenue RM11.04 billion.
Its revenue for the quarter increased to RM2.97 billion from RM2.49 billion a year earlier. Earnings per share was 24.16.
The bank declared a second interim franked dividend of 25 sen less tax and single tier cash dividend of 8 sen in respect of the financial year ended Dec 31, 2010.
For the year ended Dec 31, 2010, Public Bank's net profit rose 21% to RM3.05 billion from RM2.52 billion, on the back of revenue RM11.04 billion.
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