Bankmed revenues up in first half of 2012

Bankmed’s unaudited financial statement for the first half of the year showed a 15 percent growth in revenues from the same period last year, rising to $116.73 million.

Net income was up eight percent to $64.16 million, at a net profit margin of 55 percent, down from 58 percent last year. Customer deposits also rose 16 percent hitting $9.3 billion, which increased the bank’s lending capacity by 9.7 percent from last year to reach $3.83 billion in customer loans.