April 19, 2018

By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s top tier lender Zenith Bank Plc on Thursday said its post-tax profit for the first quarter period ended March 31, 2018 climbed up 25.5 percent to N47.1 billion from N37.5 billion recorded a year earlier.

Pretax profit for the review period also appreciated 22.2 percent to N54 billion from N44.2 billion  declared the same period of last year.

Gross earnings of the tier one lender grew to N169.2 billion in the 2018  first quarter from N147.7 billion in the corresponding period of 2017; indicating a growth of 14.5 percent, ZENITHBANK said in a filing with the Nigerian Stock Exchange (NSE).