March 23, 2021/InvestmentOne Report · Net interest income of N63.93billion, up 2.91%q/q , 9.42%y/y · Non-interest income of 52.76billion, up 74.15%q/q, 41.63%y/y. · Profit before tax of N70.74billion, up 22.74%q/q, 14.01% y/y. · Profit after tax of N59.16billion, up 23.21%y/y, 16.29%y/y. FX Revaluation Gain […]
Results & Dividends
Union Bank Says 2020 Profit Drops -6.1% to N18.7 Billion, Offers 25 Kobo Final Dividend
By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Friday said its post-tax profit for the period ended December 31, 2020 declined 6.1 percent to N18.67 billion from N19.87 billion posted a year ago. Pretax profit of the lender, also dropped 4.1 percent to N19.51 billion from […]
GTBank, ZENITH Push NSE-ASI Up +0.5%
March 18, 2021/Cordros Report EQUITIES Nigerian equities market extended yesterday’s gain, as interest in tier 1 banks, ZENITHBANK (+7.3%) and GUARANTY (+6.4%), pushed the All-Share Index higher by 0.5% to 38,914.84 points. Accordingly, the Month-to-Date and Year-to-Date losses moderated to -2.2% and -3.4%, respectively. The total volume of trades increased […]
