The Blue Book - BSX Research

Butterfield Bank Group
Argus Group Holdings Limited
BELCO Holdings Limited
BF&M Limited
Keytech Limited
Bermuda Commercial Bank Limited
Bermuda Container Line
Bermuda Aviation Services Limited
LOM (Holdings) Limited
West Hamilton Holdings Limited
The Bermuda Press (Holdings) Limited
Watlington Waterworks Limited
Stevedoring Services Limited
Devonshire Industries Limited
Mediahouse Limited
KFC Bermuda Limited

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Bermuda Commercial Bank Limited - BCB - BH

Bermuda Commercial Bank (BCB) is a corporate and private wealth bank, offering a range of financial services through its subsidiaries International Corporate Management of Bermuda, BCB Trust Company Limited, Bercom Nominees Limited, and BCB (Mauritius) Limited.

FYE2009 Results: BCB reported a net loss of $380,000 for fiscal 2009, as compared to net income of $5.16 million for fiscal 2008. Gross revenue fell from to $13.7 to $7.9 million, due to a declining asset base combined with the prevailing low interest rate environment and the bank's investment policy of matching client deposits with cash and cash-equivalents. Lower foreign exchange revenues and lesser gains on investment securities also contributed to the disappointing results.

Downloadable Research Reports

DateReport TitleAvailability
2/25/20102009 Blue Book ReportView PDF Report
6/11/20082008 Blue Book ReportView PDF Report
10/15/2007First Half 2008 Earnings UpdateView PDF Report