August 24, 2022/CSL Research Zenith Bank’s H1 2022 AUDITED numbers showed 18.5% y/y growth in Interest Income driven mainly by a modest increase in the loan book and improved interest margins. Q/q (Q2 2022 compared with Q1 2022), Interest Income was down 8.7% q/q. Net Loans to Customers were up […]
Results & Dividends
Stanbic IBTC Plc H1 2022: Profit Growth Driven by Growth in Both Interest and Non-Interest Revenues
August 24, 2022/CSL Research Stanbic’s H1 2022 AUDITED numbers showed a 45.2% y/y increase in Gross Earnings to N134.9bn. The y/y increase in Gross Earnings was broad-based underpinned by a 54.3% y/y increase in Interest Income, 9.8% y/y rise in Fee and Commission Income, 442.3% y/y increase in Insurance Premium […]
Zenith Bank Plc H1-22: Funded and Non-Funded Income Support Performance
August 23, 2022/Cordros Report ZENITHBANK released its H1-22 interim financial report this afternoon (23 August), showing that the bank recorded strong earnings growth. This performance was driven by a combination of core and non-core income growth as the bank benefited from the improved interest rate environment. Consequently, the bank recorded […]
