March 17, 2021/Zenith Bank Shareholders of Zenith Bank Plc, on Tuesday at the 30th Annual General Meeting of the Bank held at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend of N2.70 per share, bringing the total dividend payment for the 2020 financial year to N3.00 […]
Results & Dividends
MTN Nigeria Q4 2020 Result Review: Shares Looking Compelling Post Sell-off
March 17, 2021/Proshare by FBNQuest Research Slight reduction to our price target due to 100bp increase to our risk-free rate MTN Nigeria’s (MTNN) Q4 ’20 results showed that the earnings recovery which started in Q3 ’20 carried on into the final quarter of the year. We note the significant improvement […]
UBA Q4 2020 Results Review: Solid Q4 Results; Reiterating Outperform Rating
March 16, 2021/Proshare by FBNQuest Research 17% increase to our ’21-22f EPS forecasts UBA’s Q4 ’20 results surprised positively across most key headline items. Relative to our forecast, PBT beat by c.55% due to positive surprises on both revenue lines. As such, we have increased our ’21-22f EPS forecasts by […]
