Results & Dividends

Access Bank Plc Q4/FY 2020: Strong Non-Interest Income Offset the Impact of weak NIM and Jump in Loan Impairment

April 8, 2021/InvestmentOne Report ·         Net interest income of N66.68billion, down 4.84%q/q , 0.50%y/y      ·         Non-interest income of N50.91billion, down 18.68%q/q, up 254.46%y/y. ·         Profit before tax of N9.30billion, down 78.03%q/q, 16.39% y/y. ·         Profit after tax of N3.71billion, down 91.01%q/q, 33.98%y/y.. Weak q/q Performance Last week, Access Bank […]

FBNH Q4/FY 2020: Gains in Investment Securities and Income from Divestment Support Earnings

April 8, 2021/InvestmentOne Report ·         Net interest income of N58.88billion, down 4.20%q/q , 22.59%y/y       ·         Non-interest income of N52.56billion, up 0.21%q/q, down 12.53%y/y. ·         Profit before tax of N20.39billion, down 6.89%q/q, 2.05% y/y. ·         Profit after tax of N21.24billion, up 13.50%y/y, 12.97%y/y. Weak NII and Higher OPEX Drag Earnings […]

Nigerian Breweries Offer Investors 94 Kobo Per Share Total Dividend in 2020 FYE

April 7, 2021 By Paschal IJEH InvestAdvocate Lagos (INVESTADDVOCATE)-Top tier beer producer, Nigerian Breweries Plc on Wednesday recommended a total dividend of 94 kobo per share to investors’ in the review period ended December 31, 2020 amounting to N7.71 billion. Jordi Borrut Bel, managing director (MD) of the company made […]