By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Mid-tier lender Stanbic IBTC Thursday reported a 116 percent (116%) pretax profit in its audited year end 2013. To record the 116% increase in pretax profit, the Nigerian lender posted N24.617 billion in 2013 compared to N11.412 billion in the corresponding period of year 2012. […]
Results & Dividends
Fidelity Bank’s Full Year Profit Drop -58%, Dividend -33.33%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Fidelity Bank Plc said on Wednesday its pretax profit dropped by 58 percent (58%) as it recorded N9.028 billion in its 2013 audited year end compared to N21.349 billion reported in 2012. Similarly, posttax profit declined to N7.721 billion in 2013 from […]
UBA Capital Profit Grows 213% in 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Financial and Investment Services Company, UBA Capital Plc said it has grown its pre-tax profit by 213 percent (213%) for its 2013 audited year end. To record this growth in pre-tax profit, the company in 2012 declared N845 million compared to N2.639 billion in 2013 […]
