Security Bank Net Income Grows by 51% to P 1.01 Billion

Security Bank Corporation (PSE: SECB) posted a net income of P1.01 billion for the first semester of 2006, 50.7% more than the P670 million earnings for the same period last year and is almost equal the net earnings achievement for the full year of 2005 which stood at P 1.16 billion. Earnings per share for the first semester of 2006 likewise increased from P2.03 to P3.07 per share this year. The Bank