April 25, 2025/CSL Research Strong start to the year. Financial Highlights: Interest Income: +55.8% y/y to N115.80BN Interest Expense: -21.4% y/y to N38.90BN Total Operating Income: +46.9% y/y to 138.24BN Cost to Income Ratio: -514bps y/y to 49.5% Profit before Tax: +85.6% y/y to N62.71BN Stock Rating: UR To read […]
Author: InvestAdvocate
STANBIC IBTC Q1 2025: Strong Sstart to the Year
April 25, 2025/CSL Research Strong start to the year. Financial Highlights: Interest Income: +55.8% y/y to N115.80BN Interest Expense: -21.4% y/y to N38.90BN Total Operating Income: +46.9% y/y to 138.24BN Cost to Income Ratio: -514bps y/y to 49.5% Profit before Tax: +85.6% y/y to N62.71BN Stock Rating: UR To read […]
Nigerian Stocks Extend Bullish Run +75bps, Buoyed by MTNN, WAPCO
April 24, 2025/Cordros Report EQUITIES The domestic bourse extended yesterday’s bullish sentiments following buying interest in MTNN (+2.5%) and WAPCO (+10.0%). Consequently, the benchmark index advanced by 75bps to 106,074.26 points, with the Month-to-Date and Year-to-Date returns settling at +0.4% and +3.1%, respectively. The total volume of trade declined by […]
