October 31, 2024/Cordros Report MTN Nigeria Communications Plc (MTNN) released Q3-24 unaudited results after the close of business yesterday (30 October). The company reported a standalone profit after tax of NGN4.13 billion for Q3-24 (-94.2% y/y), with EPS at NGN0.20, highlighting the first positive print since Q3-23 (NGN3.41). Consequently, 9M-24 loss […]
Results & Dividends
Zenith Bank Plc: PBT Surpasses the One Trillion Mark
October 31, 2024/InvestmentOne Report Surge in Gross Earnings: Zenith bank’s 9M’2024 results disclosed that the tier-one bank recorded an EPS of NGN26.34 in the review period, compared to NGN13.82 in the corresponding period in 2023. This reflects the bank’s substantial performance with respect to earnings growth. We highlight that gross […]
Zenith Bank Plc 9M 2024: Strong growth in Interest & Fee Income Amidst Cost Pressures & High Impairment Charge
October 31, 2024/CSL Research Zenith Bank’s 9M 2024 unaudited numbers showed a strong 190.2% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 62.7% y/y but was up 43.4% in 9M 2024 compared with the December […]
