August 31, 2022/CSL Research Fidelity Bank’s recently released its H1 2022 audited numbers showed moderate y/y growth in Pre-tax profit, mainly due to a significant uptick in Interest Income. Interest Income grew 52.9% y/y, which according to the bank’s Management, was driven by expansion in earning assets and improved yields […]
Results & Dividends
Initial Reaction: Stanbic Reports Robust Numbers in 2Q22
FSDH Initial Reaction: Stanbic IBTC 2Q22 results Kindly click here to download the report. August 25, 2022/FSDH Research Key Performance Highlights: Stanbic bank reported solid 2Q22 results, with the total income rising a sharp 44.4% YoY to N57.5 billion, primarily due to a 51.9% YoY rise in net interest income […]
Zenith Bank Reports Solid Double-Digit Topline Growth in 2Q22
FSDH Initial Reaction: Zenith Bank 2Q22 results Kindly click here to download the report. August 25, 2022/FSDH Research Key Performance Highlights: Zenith Bank reported a solid topline for 2Q22, with the gross earnings recording a 13.3% YoY jump and the net profit growing a steady 0.3% YoY to N53.2 billion […]
