May 27, 2022/CS; Research FBNH released Q1 2022 unaudited numbers. Interest Income was up 39.7% y/y driven by growth in Interest Income on investment securities and Loans due to an improvement in earnings yield. Earnings yield improved to 7.6% in Q1 2022 from 6.8% in Q1 2021. Net Loans to […]

Kindly click here to download the report. May 27, 2022/FSDH Report Key Performance Highlights: FBN Holdings filed its 1Q22 results on 27 May with a solid 32.2% YoY jump in gross earnings to N180.6 billion compared to N136.6 billion in the prior-year quarter. However, the bank reported a 45.3% decline […]

May 26, 2022/Cordros Report FBNH released its 2021FY audited financial statement yesterday (25th of May), which showed that the bank recorded robust expansion in PAT (+99.9% y/y), albeit it was largely supported by recoveries totalling NGN141.03 billion (vs NGN11.23 billion in 2020FY), a fallout of recovery efforts by the bank […]