Results & Dividends

Unity Bank Declares N2.2 Billion Profit In Q3/2022, Grows Gross Earnings By 17%

October 28, 2022/Unity Bank Plc Retail lender, Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period of 2021. The increase can […]

TotalEnergies Marketing Nigeria Plc Q3-22 : Margins Depressed by Elevated Cost Pressures

October 28, 2022/Cordros Report TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q3-22 unaudited financials yesterday (27 October), reporting a 25.3% y/y decline in standalone EPS to NGN11.71 (Q3-21: NGN15.67), cascading to a 6.6% y/y decline in 9M-22 EPS to NGN36.83 (9M-21: NGN39.43). The EPS decline is largely attributed to significant […]

Zenith Bank Plc 9M-22: Core and Non-Core Income Boosts Earnings

October 27, 2022/Cordros Report Zenith Bank Plc (ZENITHBANK) published its 9M-22 interim financial statements today (27 October), reporting an 8.6% y/y increase in EPS to NGN5.55 (9M-21: NGN5.11), aided by the impressive growth in the bank’s core (+26.5% y/y) and non-core (+10.0% y/y) income. Impressively, the bank reported a +26.5% […]