November 20, 2020/Proshare by FBNQuest Research Material increases to earnings and price target We have raised our price target for UAC of Nigeria (UACN) by 61% to NGN11.9 and upgraded our rating to Outperform from Neutral, following the company’s Q3’20 results, which exceeded expectations. PBT of NGN1.4bn overshot our estimate […]
Results & Dividends
GTBank Releases Q3 2020 Unaudited Result Reports Profit before Tax of ₦167.4 Billion
November 20. 2020/jspcommunications Guaranty Trust Bank plc has released its unaudited financial results for the period ended September 30, 2020 to the Nigerian and London Stock Exchanges. The 3rd Quarter result shows improved performance across key financial metrics, reaffirming the Bank’s capability to navigate the current economic challenges occasioned by […]
Access Bank Reports Impressive Q3 2020, as Post-Tax Profit Appreciates +15.7%
November 19, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc on Thursday said is post-tax profit for the period ended September 30, 2020 grew 15.7 percent to N10.2.30 billion from N88.43 billion posted a year ago. Pretax profit of the lender. increased 15.7 percent to […]
