February 25, 2020/InvestmentOne Report · Net interest income of N267billion, down 9.66% y/y · Non-interest income of N232billion, up 28.98% y/y · Profit before tax of N243billion, up 5.01% y/y · Profit after tax of N208billion, up 7.97y/y Last Friday, Zenith bank released Q4 2019 result which showed a […]
Results & Dividends
Earnings Update | Nigerian Breweries Plc FY-2019 Audited Result: Better days ahead?
February 24, 2020/United Capital Report Better days ahead? According to NB’s FY-2019 financial result, Revenue dipped marginally by 0.4% to N323.0bn amid continued pressures from the stepped-increment in excise duty, which most sub-sector players are yet to fully pass on to final consumers and sustained competition in the core lager […]
Zenith Bank 2019FY: Result in Line with Expectations
February 21, 2020/Cordros Report ZENITHBANK recently released its audited FY-19 numbers, which were generally in line with our expectations. As expected, the performance was supported by strong non-interest income growth, just as interest income declined during the period. However, due to the stronger expansion in NII, the bank recorded good growth […]
