April 29, 2022/Cordros Report Event: ZENITHBANK released Q1-22 numbers after the close of trading yesterday (27th of April), which showed that the bank recorded a strong performance, extending the strong finish in 2021FY. The bank recorded a significant growth in gross earnings (+21.7% y/y to NGN191.52 billion), supported by growth […]
Results & Dividends
Zenith Bank Plc Q1 2022: A Decent Start to the Year
April 29, 2022/CSL Research Zenith Bank’s Q1 2022 unaudited numbers showed a 24.9% y/y growth in Interest Income driven mainly by strong growth in Net loans to customers and a gradual improvement in pricing. While Net Loans to Customers grew 25.0% y/y, Interest Income on such loans was up 35.7%. […]
TotalEnergies Marketing Nigeria Plc Q1-22: Impressive Earnings Despite Elevated Cost Pressures
April 29, 2022/Cordros Report Event: TOTAL published its Q1-22 unaudited results yesterday (28 April), reporting EPS of NGN12.86 (Q1-21: NGN8.75), translating to a growth of 47.0% y/y. The EPS growth was driven mainly by solid revenue growth (+46.3% y/y) and moderation in net finance cost (-44.6% y/y). Revenue grew by […]
