FCIS – Annual Reports
First Citizens Investment Services Limited and its Subsidiaries
(Presented in Trinidad and Tobago Dollars)
Summary of highlights for fiscal 2023
•Profit before tax decreased by 6% from 2022 $185.8M to 2023 $175.2M
•Profit after tax amounted to $145.4M in 2023 compared to 2022 $151.8M
•Shareholders’ Equity stood at $1.413B reflecting an increase of 0.4% from 2022 $1.407B
Summary of highlights for fiscal 2022
•Profit before tax decreased by 13.5% from 2021 $214.9M to 2022 $185.8M
•Profit after tax amounted to $151.8M in 2022 compared to 2021 $172.8M
•Shareholders’ Equity stood at $1.4B reflecting a decrease of 12% from 2021 $1.6B
Summary of highlights for fiscal 2021
•Profit before tax increased by 13.5% from 2020 $189.4M to 2021 $214.9M
•Profit after tax amounted to $172.8M in 2021 compared to 2020 $154.5M
•Shareholders’ Equity stood at $1.6B reflecting an increase of 9.5% from 2020 $1.5B
Summary of highlights for fiscal 2020
•Profit before tax decreased by 10% from $208.4M to $189.4M
•Profit after tax amounted to $154.5M compared to 2019 $163.9M
•Shareholders’ Equity stood at $1.5B reflecting an increase of 11%
Summary of highlights for fiscal 2019
•Profit before tax increased by 65% to $208M
• Profit after tax amounted to $163.9M compared to 2018 $99.4M
• Shareholders’ Equity increased by 24%
Summary of highlights for fiscal 2018
•Profit before tax decreased by 0.23% to $126.4M
•Profit after tax amounted to $99.4M compared to 2017 $96.3M
•Shareholders’ Equity decreased by 18%
Summary of highlights for fiscal 2017
•Profit before tax decreased by 1% to $126.7M
•Profit after tax amounted to $96.3M compared to 2016 $102.7M
•Shareholders’ Equity increased by 3.5%
