Results & Dividends

STERLNBANK Says 2020 Profit Up +6% to N11.24 Billion, Declares 5 Kobo Dividend

April 1, 2021 By Evans Charles InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Wednesday its pretax profit for the period ended December 31, 2020 grew +15.9 percent to N12.4 Billion from 9.48 billion posted a year ago. Profit after tax (PAT) of the lender increased +6.0 percent to N11.24 billion […]

UACN Posts N3.9 Billion Post-Tax Profit in 2020FY, Declares 65 Kobo Final Dividend

March 31, 2021 By Evans Charles InvestAdvocate Lagos (INVESTADVOCATE)-UAC of Nigeria Plc (UACN) on Wednesday  reported a post-tax profit of N3.9 billion for the period ended December 31, 2020 compared to N9.2 billion loss recorded a year ago. Pretax profit of the company declined -31.32 percent to N5.12 billion in […]

STANBIC FY-2020: Leveraging diversification

April 1, 2021/United Capital Report Earlier, Stanbic IBTC Holding Plc (“STANBIC” or “The Group”) released its Audited FY -2020 financial result, showing a 0.3%y/y expansion in Gross Earnings (GE) to N234.4bn amid the extreme operating environment. Interest income fell 12.3%y/y to N105.8bn, exerting pressure on asset yields. More interestingly, PBT […]