August 10, 2017/InvestmentOne Research

Zenith Bank released its Q2 2017 results earlier today.

Please find key highlights of the Q2 2017 results below:

·         Net interest income of N68.36bn, down -3.2% q/q; -0.7% y/y

·         Profit before tax of N47.98bn, up +8.6% q/q; +54.0% y/y

·         Profit after tax of N37.82bn, up +0.9% q/q; +107.0% y/y

The bank proposed an interim dividend of 25kobo per share, representing a dividend yield of 1.04% based on today’s close price.

Please click to download a copy of the results