April 12, 2024/Cordros Report Guaranty Trust Holding Company Plc (GTCO) published its 2023FY audited financials on Monday (08 April), in which the Holdco reported a 220.5% y/y surge in EPS to NGN19.07 (2022FY: NGN5.95) supported by both funded and non-funded income lines. For context, non-funded income was propelled by the […]
Results & Dividends
UBA FY 2023: Operating Performance, Windfall Gains Drive Strong Profit Growth
April 10, 2024/CSL Research UBA’s FY 2023 audited numbers showed a strong 93.0% y/y growth in Interest Income to N1.1tn driven mainly by growth in Interest Income on Investment Securities, loans and on cash and bank balances. Net Loans to customers grew 66.7% in 2023 compared to December 2022, inclusive […]
Zenith Bank FY2023: Sturdy Interest Income Growth, Trading & FX Revaluation Gains Boost Profit
April 9, 2024/CSL Research Zenith Bank’s FY 2023 audited numbers showed a strong 111.9% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 63.4% in 2023 full year compared with FY 2022 inclusive of the impact […]
