October 31, 2024/US SEC The Securities and Exchange Commission today charged J.P. Morgan Securities LLC (JPMS) and J.P. Morgan Investment Management Inc. (JPMIM) – both affiliates of JPMorgan Chase & Co. (JP Morgan) – in five separate enforcement actions for failures including misleading disclosures to investors, breach of fiduciary duty, […]
Author: InvestAdvocate
Zenith Bank Plc 9M-24: Robust Core Performance Boosts Earnings
October 31, 2024/Cordros Report Zenith Bank Plc (ZENITHBANK) released their 9M-24 unaudited financials at the close of business yesterday (30 October), reporting a 90.6% y/y growth in EPS to NGN26.34 (9M-23: NGN13.82), driven by the expansion across the funded (+190.2% y/y) and non-funded (+41.0% y/y) income lines. Interest income advanced […]
NASCON Allied Industries Plc Q3-24: Rising Cost Pressures Weigh on Margins and Earnings
October 31, 2024/Cordros Report NASCON Allied Industries Plc (NASCON) published their unaudited Q3-24 financials today, in which the company reported a standalone EPS of NGN6.09 (Q3-23: NGN7.26), with 9M-24 EPS settling at NGN4.42 (9M-23: NGN5.54). The EPS decline reflects a substantial increase in cost of sales (+114.0% y/y) during the […]
