Results & Dividends

FCMB Holds Virtual AGM as Shareholders Commend Performance and Approved Dividend

Culled—Proshare April 28, 2020/FCMB Shareholders of FCMB Group Plc have again applauded the financial institution for its resilience, dynamism and impressive performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 7thAnnual General Meeting (AGM) of the Group on April 28, 2020 at its corporate […]

FBN Holdings Holds AGM, Records 30.9% Growth In PBT

Culled—Proshare April 28, 2020 FBN Holdings   FBN Holdings Plc, Nigeria’s leading financial services group, recently held its Annual General Meeting (AGM) in Lagos. At the AGM, FBN Holdings Plc reiterated its promise to place its shareholder value at the forefront of its operations, noting that as a Group, it […]

Fidelity Bank Plc Q1 2020 Unaudited Results – Higher Costs Pressure Earnings

Culled—Proshare April 28, 2020 By CardinalStone Research Fidelity Bank Plc (FIDELITYBK: NGSE) recorded a 1.4% YoY decline in earnings in its unaudited Q1’20 result. The bank’s weak performance reflected the combined impact of higher operating costs (+29.6% YoY), surge in loan loss charges (2x increase), and lower non-interest revenue (-27.4% YoY). […]