Security Bank posts smaller net earnings

By Mayvelin U Caraballo

Nov 13, 2021 12:12 am

Despite netting higher in the third quarter, listed Security Bank Corp. reported lower net earnings in the first nine months of this year.

The lender said in a statement on Friday that its net profit for the period of January to September 2021 was P4.8 billion, down 27.47 percent from the P6.6 percent it earned a year ago.

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