Access Bank Says H1’17 Pretax Profit up 18.3%, Offers 25 Kobo Interim Dividend

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August 23, 2017

By InvestAdvocate

Click here to download full PDF copy of Access Bank Plc Audited Half Year June 30, 2017

Lagos (INVESTADVOCATE)-Tier one lender. Access Bank Plc on Wednesday said its pretax profit for the first half (H1) period ended June 30, 2017 climbed up 18.3 percent to N52.04 billion from N43.99 billion recorded a year ago.

Also, profit after tax (PAT) of the tier one lender rose 17.3 percent to N39.46 billion from N33.63 billion declared the corresponding period of 2016.

Gross earnings of Access Bank grew from N174.01 billion in the H1 period of 2016 to N246.57 billion in the review period of 2017; indicating a rise in gross earnings of 41.7 percent, the lender said in a filing with the Nigerian Stock Exchange (NSE).

Shares of Access Bank at the close of the session’s trading on the Nigerian bourse appreciated 3.96 percent to N10.24 from N9.85 recorded the previous session, gaining 0.39 kobo per share.

The bank proposed an interim dividend of .025 kobo per share same amount paid last financial year and said closure date is September 7, 2017; while payment date of the 0.25 kobo per share dividend is September 21, 2017.

Click here to download full PDF copy of Access Bank Plc Audited Half Year June 30, 2017

 

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