JN Bank profit triples to $1.45 billion
Business
Finance
June 19, 2026
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KINGSTON, Jamaica— JN Bank more than tripled its net profit to $1.45 billion for the financial year ended March 31, 2026, helped by stronger income growth and a sharp reduction in credit impairment losses.
The result compared with net profit of $439 million in the previous financial year, while profit before tax rose to $2.29 billion.
Operating profit increased to $2.81 billion from $862 million as income grew faster than expenses, although the bank said operating costs increased modestly during the year.
Business
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