Results & Dividends

STANBIC Says Q3 2019 Profit Plunge -7% to N55.5 Billion

October 26, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Holdings Plc on Friday said its profit for the nine-months period ended September 30, 2019 plunged -7.0 percent to N55.55 billion from N59.75 posted a year earlier. In the same vein Pretax profit in the review period dropped -1.8% to […]

Zenith Bank Plc Q3 2019: Result in Line with Expectations

October 23, 2019/Cordros Report ZENITH recently released its unaudited 9M-19 numbers, which was in line with expectations. Gross earnings grew by 3.5% y/y and was supported by non-funded income as interest income growth has remained weak in the year. Consequently, profitability increased by 4.5% y/y. While the bank’s performance was […]

Q3 2019: UBA Grows Net Profit By 32.3%, as Gross Earnings hit N428.22 billion

October 22, 2019/UBA Plc United Bank for Africa Plc, the pan African financial institution with a network that spans 20 African countries, the United Kingdom, the USA and with presence in Paris, has announced impressive performance in its unaudited 2019 Third Quarter Financial Results, with significant growth in Gross Earnings, […]