April 22, 2021/Cordros Report GUARANTY released its Q1-21 earnings after the close of market trading yesterday, which showed that the bank recorded decline in earnings. The bank recorded an EPS of NGN1.60/s (Q1-20: 1.77/s). The bank’s performance was pressured by weak funded income growth, while non-funded income growth was positive […]
Results & Dividends
GTBank Reports Profit before Tax of ₦53.7 Billion in Q1 2021
April 21, 2021/jspcommunications Guaranty Trust Bank plc has released its unaudited Financial Results for the period ended March 31, 2021 to the Nigerian and London Stock Exchanges. A review of the result shows a resilient performance across all key financial metrics in the face of the unprecedented macroeconomic challenges, reflecting […]
NB Q4 2020 Results Review: Cost Pressures Weaken Fundamentals
April 21, 2021/Proshare by FBNQuest Research 4% cut to our EPS forecasts over the ’21-22f period We have cut our EPS forecasts over the ’21-22f period by 4% for Nigerian Breweries (NB) after a weaker-than-expected set of Q4 ’20 results. We now have a new price target of NGN45.3, down […]
