Mubasher: Jordan Commercial Bank (JCBK) reported earnings of JOD 4.05 million ($5.7 million) for the fourth quarter of 2015, a drop of 44.41% from JOD 7.29 million ($10.2 million) in the same period a year ago.
Full-year net profits leapt 34.35% year-on-year to JOD 15.7 million ($22.1 million) from JOD 11.7 million ($16.4 million).
The board recommended bonus share distribution at 7.5% of capital, totalling JOD 7.88 million (7.88 million shares), to be financed from retained earnings.
The stock fell 0.68% to JOD 1.48 on Wednesday.
