Results & Dividends

ZENITH BANK Plc H1 2023: FX Revaluation Gain Pushes Profit Higher

September 12, 2023/InvestmentOne Report Gross earnings of N967.26billion, up 158.25%q/q, 138.97%y/y           Net interest income of N261.86billion, up 16.79%q/q, 41.74%y/y Profit before tax of N350.36billion, up 204.55%q/q, 169.50% y/y Profit after tax of N291.73billion, up 241.94%q/q, 161.85%y/y The recently released financial report by Zenith Bank Plc for the first half […]

Zenith Bank Plc H1-23: FX Revaluation Gains Drive Earnings Expansion

September 11, 2023/Cordros Report Zenith Bank Plc (ZENITHBANK) published its H1-23 interim financial results this morning, recording a 161.7% y/y expansion in EPS to NGN9.29 (H1-22: NGN3.55). The significant growth in the bank’s earnings was supported by the broad-based expansion across its funded (+71.9% y/y) and non-funded (+246.1% y/y) income […]

ZENITHBANK H1 2023: Strong Revaluation Gains Boost Profit

September 11, 2023/CSL Research Zenith Bank’s H1 2023 audited numbers showed 71.9% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 25.9% in H1 compared with December 2022 inclusive of the impact of devaluation. Interest Expense […]