FSDH Initial Reaction: FBN Holdings FY23 results Kindly click here to download the report. May 27, 2024/FSDH Research Key Performance Highlights: FBN Holdings reported an impressive set of numbers for FY23, with the gross earnings vaulting 95.7% YoY to N1,595.3 billion compared to N815.2 billion in FY22, while the operating […]
Results & Dividends
FBN Holdings Plc Q1-24: Broad-Based Growth Across Income Lines Buoy Earnings
May 27, 2024/Cordros Report FBN Holdings Plc (FBNH) published its Q1-24 unaudited financial report this morning, revealing stellar expansions across its core (+153.3% y/y) and non-core (+267.3% y/y) income lines. Consequently, the group’s EPS surged by +317.4% y/y to NGN5.76 in Q1-24. The group recorded a marked 153.3% y/y growth […]
FBN Holdings FY2023: Strong Interest & Fee Income Growth, Fair Value Gains, Drive Profit Growth
May 24, 2024/CSL Research FBNH FY 2023 audited numbers showed strong growth in both Interest and Non-Interest Income. Interest Income was up 74.0% y/y (13.4% above our forecast) driven by growth in Interest Income on both Investment Securities and Loans. Net Loans to customers were up 67.8% y/y (including the […]
