February 1, 2021

By InvestAdvocate

Lagos (INVESTADVOCATE)-FBN Holdings Plc said on Monday its post-tax profit for the unaudited year end period ended December 31, 2020 declined 0.17 percent to N65.9 billion from N66.0 billion recorded a year ago.

Pretax (PAT) of the financial holding company also appreciated 3.80 percent to N78.0 billion from N75.2 billion posted the corresponding period of 2019.

Gross earnings increased 2.67 percent to N554.6 billion from N569.8 billion reported in the same period of 2019, FBN Holdings said in a filing with the Nigerian Stock Exchange (NSE).

Shares of Financial HoldCo at the close of business on the floor of Nigerian bourse declined -1.32 percent to N7.50 from N7.60 traded the previous session, losing 0.10 kobo per share