May 31, 2024/CardinalStone Research In FY 2024, analysts expect FIDELITYBK to achieve a PBT of N171.5bn, marking a potential 38.0% increase from its FY 2023 print. This earnings projection aligns with the bank’s guidance of N170.0bn and is consistent with potential benefits from the high-interest rate environment. However, we remain […]
Results & Dividends
AGM Resultion: Dangote Cement to Pay N30 Per Share Dividend
May 30, 2024/NGX At the 15th Annual General Meeting (AGM) of Dangote Cement Plc held on Tuesday, 28th May 2024, at 11.00 am at the Balmoral Convention Centre, Federal Palace Hotel, Ahmadu Bello Way, Victoria Island, Lagos, the following resolutions were duly passed: Resolutions 1. The Audited Financial Statements and […]
FBN Holdings Reports Solid 1Q24 Results
May 29, 2024/FSDH Research Key Performance Highlights: After delivering robust all-around performance in FY23, FBN Holdings maintained positive momentum and published solid 1Q24 results. The 1Q24 gross earnings surged 181.4% YoY to N730.3 billion compared to N259.5 billion in 1Q23, while the operating profit grew to N238.5 billion in 1Q24, […]
