Hashtag: #BF&MLimited

BF&M Reports Net Income Of $19.5 Million

BF&M Reports Net Income Of $19.5 Million

BF&M Limited today [Dec 6] reported shareholders’ net income for the nine months ended 30th September 2021 of $19.5 million as compared to shareholders’ net income for the comparative period in 2020 of $18.4 million. Earnings for the period for 2021 equated to an annualized Return on Equity of 8.5% which is level with 2020. Group Chairman and... Read more of this article

BF&M Donates Towards Covid Tests For Charities

BF&M Donates Towards Covid Tests For Charities

BF&M Limited has donated $10,000 to the Bermuda Community Foundation to fund a Covid-19 testing regime for Bermuda-registered charities and non-profit organisations delivering front-line services. A spokesperson said, “While some non-profits have been able to garner support through existing relationships or from the corporate sector, many have... Read more of this article

BF&M: No Share Repurchases In October 2021

BF&M: No Share Repurchases In October 2021

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of October 2021 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Bermuda Championship Seeking Volunteers Virtual No... Read more of this article

Endeavour & BF&M No Limits Sailing Programme

Endeavour & BF&M No Limits Sailing Programme

Endeavour has concluded its most recent BF&M No Limits Sailing Programme, which provides “recreational therapy for students ages five through 18-years-old who are on the autism spectrum or have developmental challenges and are enrolled in public schools across Bermuda.” A spokesperson said, “Endeavour is a Bermuda-registered charity... Read more of this article

Abigail Clifford Appointed BF&M CEO Designate

Abigail Clifford Appointed BF&M CEO Designate

BF&M Limited today [Oct 19] announced the completion of BF&M’s CEO succession plan, stating that Ms. Abigail Clifford is appointed President and Group Chief Operating Officer, and CEO Designate of the BF&M group of companies. A date for the transition has not been set and Mr. John Wight remains Group Chairman and CEO. “The selection... Read more of this article

BF&M Share Repurchases For September 2021

BF&M Share Repurchases For September 2021

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase program, during the month of September 2021 the company repurchased 35,227 common shares at an average price of $23.00. The Company advised the repurchased shares were reserved for issuance. Related Stories BF&M Prepare 300 Packages,... Read more of this article

AM Best Affirms “A” Ratings Of BF&M Group

AM Best Affirms “A” Ratings Of BF&M Group

BF&M Limited announced today that AM Best has affirmed the financial strength rating of A [Excellent] of BF&M Life Insurance Company Limited [BF&M Life], BF&M General Insurance Company Limited [BF&M General] and Island Heritage Insurance Company, Ltd. [Island Heritage]. The outlook of each of these ratings is stable. In its assessment... Read more of this article

BF&M Donates To Support Retinal Screening

BF&M Donates To Support Retinal Screening

BF&M is supporting the Bermuda Diabetes Association pilot programme to screen fifty people with diabetes who have little or no health insurance, for diabetic retinopathy, with BF&M covering the full cost of the pilot programme. “Loss of vision through Diabetic Retinopathy is a major concern for patients with diabetes. Most patients... Read more of this article

BF&M: No Share Repurchases In August 2021

BF&M: No Share Repurchases In August 2021

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of August 2021 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Bermuda Championship Seeking Volunteers Virtual No... Read more of this article

BF&M Reports Net Income Of $14.8M

BF&M Reports Net Income Of $14.8M

BF&M Limited today [Aug 23] reported net income for the six months ended 30th June 2021 of $14.8 million as compared to net income for the comparative period in 2020 of $10.4 million. Earnings for the period for 2021 equated to an annualized Return on Equity of 9.7% as compared with 7.1% for 2020. Group Chairman and CEO John Wight stated: “The... Read more of this article

BF&M: No Share Repurchases In July 2021

BF&M: No Share Repurchases In July 2021

In a filing with the Bermuda Stock Exchange [the “Exchange”], BF&M Limited advised that pursuant to its share repurchase programme, during the month of July 2021 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Bermuda Championship Seeking Volunteers Virtual... Read more of this article

Bermuda Championship Seeking Volunteers

Bermuda Championship Seeking Volunteers

The Bermuda Championship’s BF&M Volunteer Programme is now accepting online applications, with over 500 volunteers sought for the PGA Tour event, set to be held from October 25 to October 31 at Port Royal Golf Course in Southampton. A spokesperson said, “The Bermuda Championship’s BF&M Volunteer Programme is now accepting online... Read more of this article

BF&M: No Share Repurchases In June 2021

BF&M: No Share Repurchases In June 2021

In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of June 2021 the company has not repurchased any shares. Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Bermuda Championship Seeking Volunteers Virtual No... Read more of this article

BF&M Reports First Quarter Net Income: $6.5M

BF&M Reports First Quarter Net Income: $6.5M

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited today reported shareholders’ net income for the three months ended 31st March, 2021, of $6.5 million. Shareholders’ net loss for the comparative three-month period of 2020 was $2.2 million. Group Chairman and CEO John Wight stated: “Overall, we were pleased with the results.... Read more of this article

BF&M Share Repurchases For May 2021

BF&M Share Repurchases For May 2021

In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of May 2021 the company repurchased 12,218 common shares at an average price of $23.00. The Company advised the repurchased shares were reserved for issuance. Related Stories BF&M Prepare 300 Packages,... Read more of this article

BF&M To Accept Walk-In Customers Monday

BF&M To Accept Walk-In Customers Monday

BF&M Limited has announced that it will be accepting walk-in customers starting on Monday [May 10], with strict Covid-19 safety protocols in place. A spokesperson said, “BF&M is opening for walk-in customers on Monday, May 10th, from 8.00am to 5.00pm, with strict safety protocols in place. BF&M continues to encourage customers to... Read more of this article