July 30, 2019/InvestmentOne Report § Mixed Performance in Revenue: down 9.63% q/q, up 128.10% y/y. § Declining gross margin performance: down 163bps q/q, 396bps y/y. § Increasing OPEX/Sales ratio: up 233bps q/q, 166bps y/y. § Declining PBT Margin: down 309bps q/q, 362bps y/y. CCNN published its Q2 2019 results on […]
Results & Dividends
FBN Holdings Plc H1 2019: Declining NPLs Take Center Stage
July 30, 2019/InvestmentOne Report Net interest income of N72.5billion, down 2.2% q/q; down 2.0% y/y Non-interest income of N30.7billion, up 5.2% q/q, up 0.6% y/y Profit before tax of N20.6billion, up 6.5% q/q; up 2.6% y/y Profit after tax of N15.9billion, up 0.8% q/q; down 5.4 y/y FBNH kicked […]
FBN Holdings Records N294.2Bn Gross Earnings for H1’2019, Reports Improved NPL at 14.5% Down from 25.9%
July 30, 2019 By Babajide Komolafe (VANGUARD) FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, yesterday, said it recorded gross earnings of N294.2 billion for the six months ending June 30, 2019 (H1’19). This represents 0.3 percent growth when compared with the N293.3 billion recorded as […]
