FCB records a quarterly profit of $311.5m

First Cit­i­zens Bank Ltd (FCB) record­ed a prof­itable first quar­ter for the three months end­ed 31 De­cem­ber 2018. FCB record­ed a prof­it be­fore tax of $311.5 mil­lion, a growth of 22.7 mil­lion or 7.9 per cent when com­pared to the cor­re­spond­ing pe­ri­od in 2017. The com­pa­ny’s prof­it af­ter tax was post­ed as $214.5 mil­lion, which ac­counts for a 5.5 per cent in­crease, as com­pared to De­cem­ber 2017.