By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Wednesday its post-tax profit for the first quarter (Q1) period ended March 31, 2018 declined 1.3 percent to N22.12 billion from N22.40 billion recorded a year ago.

In the same vein, pretax profit dropped marginally 0.6 percent to N27.43 billion from N27.59 declared the same period 2017.

Gross earnings of Access Bank increased from N115.94 billion in the Q1 2017 to N137.53 billion in the review period of 2018, showing an increase of 18.6 percent, the lender 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  0.44 percent to N11.35 per share from N11.30 traded the previous session; gaining 0.05 kobo per share.