FSDH Initial Reaction: Nestle Nigeria 1Q24 results Kindly click here to download the report. May 7, 2024/FSDH Research Key Performance Highlights: Nestle Nigeria reported robust revenue growth of 43.4% YoY to N183.5 billion in 1Q24, primarily driven by a 44.2% YoY jump in the Food segment to N117.0 billion, further […]
Results & Dividends
Zenith Bank Plc Q1-24: Stellar Core Income Growth Boost Net Earnings
May 6, 2024/Cordros Report Zenith Bank Plc (ZENITHBANK) published its Q1-24 unaudited financial report last Friday, revealing a significant increase in gross earnings (+189.1% y/y) and net profit (+291.4% y/y) during the period. As a result, the bank’s EPS in Q1-24 settled at NGN8.22 (+291.4% y/y vs NGN2.10 in Q1-23) […]
ZENITHBANK Q1’24: Strong Interest & Fee Income Growth, Trading Gains, Support Q1 Profit
May 6, 2024/CSL Research Zenith Bank’s Q1 2024 unaudited numbers showed a strong 154.9% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 114.7% y/y (Q1 2024 compared with Q1 2023) but were up 31.9% in […]
