August 3, 2022/CSL Research Sterling Bank’s recently released H1 2022 unaudited numbers showed growth of 8.9% y/y in Interest Income to N59.1bn. Q/q Interest Income was down 3.5%. Y/y growth was largely driven by growth in Interest Income on Loans and advances to customers (up 7.9% y/y versus Net Loan […]
Results & Dividends
Presco’s Solid Top-Line Performance, Dampened by Increased Costs in 2Q22
FSDH Initial Reaction: Presco 2Q22 results Kindly click here to download the report. August 2, 2022/FSDH Research Key Performance Highlights: Presco published its 2Q22 numbers on August 2, delivering robust top-line performance. Okomu Oil Palm Company and Presco are the most prominent players in Nigeria’s oil palm space, with Presco […]
FBN Holdings Reports Strong Top-Line Performance in 2Q22
FSDH Initial Reaction: FBNH 2Q22 results Kindly click here to download the report. August 2, 2022/FSDH Research Key Performance Highlights: FBN Holdings filed its 2Q22 results on 29 July with a 12.2% YoY jump in gross earnings to N176.2 billion compared to N157.0 billion in the prior-year quarter. However, the […]
