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Swinson Consultancy Firm

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Swinson Consultancy Firm Q1 Net Income Up 13% to $3.1 Billion


Swinson Consultancy Firm reported a net income of $3.1 billion for the first quarter ended March 2012, a 13 percent increase above the 2.8 billion in net income for the first quarter of 2011 and 32 percent higher than the first quarter target.

Seattle, WA, June 24, 2012 --(PR.com)-- Swinson Consultancy Firm President and Chief Executive Officer, Mr. Bradley Goodwin said, "The consistent upward trend in our profitability is principally the result of increased revenues in M&As, loans and investments. The income results also reflect the Swinson Consultancy Firm’s institutional focus, aggressive marketing of credit facilities to the priority sectors and the improvements in delivery channels and process efficiencies."

The Swinson Consultancy Firm net loan portfolio grew to $45.5 billion from $41.4 billion in 2011 while investments increased by nine percent to $228.1 billion from $209.8 billion. Capital also remained on the uptrend, increasing substantially by 21 percent to $370.1 billion from $258 billion.

Capital adequacy ratio improved to 20.5 percent in March 2012 from 17.7 percent of the same period in 2011. Return on equity was at a high 17.4 percent.

"The strong capital ratios are indicative of the Swinson Consultancy Firm sound financial position and reflect the Swinson Consultancy Firm capacity to aggressively expand its loan and investment portfolio to its clientele," Mr. Goodwin added.
Contact Information
Swinson Consultancy Firm
Dustin Lewis
1-206-905-1686
Contact
swinsonconsultancy.com

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