Culled—Proshare April 26, 2019/ FBNQuest Research 2% avg. increase to our 2019-20E EPS forecasts GT Bank’s (GTB) Q1 2019 results surprised positively relative to our forecasts. As such, we have upgraded our 2019-20E EPS forecasts by an average of 2% and our price target by c.4% to N48.5. On annualised […]
Results & Dividends
Fidelity Bank Plc: Lackluster Q1 2019
April 26, 2019/InvestmentOne Report Net interest income of N15.8billion, up 38.1% q/q; down 2.5% y/y Non-interest income of N7.8billion, down 35.7% q/q, up 87.4% y/y Profit before tax of N6.7billion, down 23.0% q/q; up 33.9% y/y Profit after tax of N5.9billion, down 31.8% q/q; up 28.3 y/y Fidelity bank released […]
Oando’s Unrelenting Drive: Posts N4.6 Billion Profit in Q1 2019
April 26, 2019/Oando Plc The year 2019 continues to favor Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the […]
