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) […]
Results & Dividends
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 […]
GTCO Q1’24: Record-High Quarterly Profit Driven by Robust Operating Performance & Fair Value Gains
May 6, 2024/CSL Research GTCO’s Q1 2024 unaudited numbers showed a strong 170.6%y/y growth in Interest Income to N281.7bn driven by growth in both average volume of earning assets and average yield. Net Loans and advances to Customers grew 21.9% in Q1 2024 relative to FY 2023 (inclusive of the […]
