Results & Dividends

Zenith Bank Delivers Blockbuster 1Q24 Performance

FSDH Initial Reaction: Zenith Bank 1Q24 results  Kindly click here to download the report. May 7, 2024/FSDH Report Key Performance Highlights: Zenith Bank recorded a robust set of numbers for 1Q24, with the gross earnings jumping 189.1% YoY to N780.6 billion and the net profit climbing 291.4% YoY to N258.1 […]

UBA Maintains Solid All-Round Performance in 1Q24

FSDH Initial Reaction: United Bank for Africa 1Q24 results  Kindly click here to download the report. May 7, 2024/FSDH Research Key Performance Highlights: United Bank for Africa reported a robust set of numbers for 1Q24, with the gross earnings vaulting 110.3% YoY to N570.2 billion and the net profit jumping […]

GTCO FY’24: FY’24 Earnings Likely to Outperform Bank’s Guidance

May 7, 2024/CardinalStone Research Following the release of GTCO’s Q1’24 financial results, we have updated our assumptions and estimates for FY’24 and subsequent years.  Stellar Q1’24 Financial Performance Rode on Fair Value Gains The unaudited Q1’24 results for GTCO revealed a 4.4x growth in earnings to N457.1bn. Core earnings (interest […]