Results & Dividends

FBN Holdings Plc: Strong Earnings Support Profitability

October 31, 2024/InvestmentOne Report Upbeat Income from Core Business: According to financials released by FBNH for the period ending September 2024, the bank recorded impressive performance as gross earnings improved by 128.56% YoY to NGN2.25trn. This was on the back of the increase in both interest and non-interest income in […]

International Breweries Plc 9M 2024: Elevated Costs Erase Earnings

October 31, 2024/CSL Research International Breweries’ 9M 2024 numbers showed a substantial Revenue growth of 86.9% y/y to N343.45bn from N183.8bn (9M 2023). On a q/q basis, Revenue was up marginally by 0.2% to N120.25bn from N119.98bn in Q1 2024. The topline growth seen was mainly driven by c.23.5% price […]

FBN Holdings Plc 9M 2024: Decent 9M Performance

October 30, 2024/CSL Research FBNH 9M 2024 unaudited numbers showed strong growth in both Interest and Non-Interest Income. Interest Income was up 164.6% y/y and 36.6% q/q driven by growth in both earning assets and average yield. Net Loans to customers were up 47.3% at the close of 9M 2024 […]