September 16, 2022/CSL Research Access Holding’s H1 2022 audited numbers showed a 16.5% y/y growth in Interest Income driven by growth in Interest Income on Net Loans to Customers which was up 37.0% y/y. The increase in interest income on Net Loans was driven by an increase in the quantum of […]
Results & Dividends
Access Holdings Plc H1-22: Higher Cost of Funding Inhibits Profitability
September 15, 2022/Cordros Report Access Holding Plc (ACCESSCORP) released its audited H1-22 financial statement yesterday, reporting an EPS growth of 1.7% y/y to NGN2.46/s (H1-21: NGN2.42/s), supported majorly by growth in the non-core income (+67.2% y/y) segment. The board has proposed an interim dividend of NGN0.20/s (H1-21: NGN0.30/s), which equates […]
UBA Plc H1 2022: Fair Value Loss on Derivatives and Opex Growth Drag Q2 Pre-Tax Profit
September 9, 2022/CSL Research UBA’s H1 2022 audited numbers showed a moderate 15.6% y/y growth in Interest Income to N257.4bn driven mainly by a significant growth in Interest Income on bonds, term loans and loans to banks. Net Loans to customers were up 2.7% in June compared with the December […]
