February 26, 2021/InvestmentOne Report · Net interest income of N74.50billion, up 9.94%q/q , 42.17%y/y · Non-interest income of N78.26billion, up 37.29%q/q, 3.84%y/y. · Profit before tax of N78.58billion, up 24.41%q/q, 17.08% y/y. · Profit after tax of N71.25billion, up 28.40%q/q, 22.59%y/y. FX Revaluation Gain Offsets the jump in Credit Losses […]
Results & Dividends
Zenith Bank Plc FY-2020 Audited Financial Result: Making a killing on cheap deposits
February 24, 2021/United Capital Report Making a killing on cheap deposits Zenith Bank Plc (“ZENITH”) released its FY-2020 results earlier, reporting a 5.2%y/y growth in Gross Earnings (GE) to N696.5bn. Also, PBT and PAT rose 5.2% and 10.4% to N255.9bn and N230.6bn while Loans and deposits expanded by 19.1% and […]
Finishing 2020 Strong, United Capital Records Double Digit Growth with Profit Rising by 61%
· Delights shareholders with a proposed dividend of N0.70k per share February 24, 2021/United Capital Report Foremost Pan-African financial and investment services group, United Capital Plc has announced its audited results for the full year ended December 31, 2020, recording double-digit growth across all its major income lines. Despite the […]
