June 3, 2024/CSL Research In its FY 2024 (FY ended 31 March 2024) result, Flour Mills of Nigeria Plc’s (Flourmill) Revenue was up 48.8% y/y to N2.29tn from N1.54tn in FY 2023. On a q/q basis, the company’s Revenue increased by 23.2% to N732.36bn in Q4 2024 from N594.55bn in […]
Results & Dividends
FirstBank Maintains Impressive Performance, Posts N238.53Bn PBT in Q1 2024
June 1, 2024/FirstBank of Nigeria FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024 results was a reflection of […]
Fidelity Bank Plc – Optimistic Earnings Outlook Despite Cost Pressures
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 […]
