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Banesco USA Reports Strong Q3 Results

MIAMI–Banesco USA announced today continued strong results for the nine months ending September 30, 2018, with record breaking figures of $7.5 million in net income, and an increase of 138 percent year over year. Additionally, the bank reported an increase in total assets of 21 percent to $1.25 billion, compared to $1.03 billion on September 30, 2017. During the 12-month period, total gross loans grew by $158 million, or 20 percent, and deposits grew by $126 million, or 14 percent, it reported.

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