Results & Dividends

Access Bank Plc – Huge FX Gains Buoy Q3 2019 Performance

Culled—Proshare October 28, 2019 By CardinalStone Research  Access Bank  Plc (ACCESS: TP 8.74 – BUY) reported a 28.0% YoY increase in EPS to N2.74 for 9M’19 in its latest filing with the Nigerian Stock Exchange (NSE). The growth in earnings was supported by a 71.0% YoY jump in net interest income. […]

ETI Says Q3 2019 Profit Up +4.1% to N78.84 Billion

October 28, 2019/NSE Today, Ecobank Transnational Inc. Plc released its Q3 2019 results for the period ended September 30, 2019. Key Highlights  Gross Earnings increased by 6.7% to N610.87bn from N572.66bn in Q3 2018 Profit before Tax increased by 13.7% to N109.49bn from N96.32bn in Q3 2018 Profit after Tax […]

CCNN 9M-19: COGS Pressure Persists on Energy Bottleneck

October 28, 2019/Cordros Report Event: CCNN published 9M-19 results after the close of the market on Friday the 25th of October, which showed that net profit expanded by 118.3% y/y. Amid the sharp jump in COGS (+119.7% y/y), revenue grew by 117.2% y/y, leading to a 129.3% y/y surge in gross […]