FSDH Initial Reaction: FBN Holdings 2Q23 results Kindly click here to download the report. July 24, 2023/FSDH Research Key Performance Highlights: On July 20, FBN Holdings reported a solid set of numbers for 2Q23 as the gross earnings jumped 125.4% YoY to N397.0 billion compared to N176.1 billion in 2Q22, […]
Results & Dividends
BN HOLDINGS H1 2023: Strong Operating Performance & Revaluation Gains Support Profit Growth
July 21, 2023/CSL Research FBNH H1 2023 unaudited numbers showed strong growth in both Interest and Non Interest Income. Interest Income was up 69.3% y/y driven by growth in Interest Income on both Investment Securities and Loans. Net Loans to customers were up 38.9% (including the impact of devaluation) in […]
FBN Holdings Plc H1-23: Sturdy Non-Core Income Drives Profitability Growth
July 21, 2023/Cordros Report FBN Holdings Plc (FBNH) published its unaudited H1-23 financial statements after the close of business yesterday, reporting a remarkable growth in its EPS (+234.8% y/y) to NGN5.19/s (vs NGN1.55/s in H1-22). The group’s earnings growth in the period was supported by the increase across the funded […]
