March 25, 2019/Cordros Report Event: MOBIL published Q4-18 and 2018FY results after close of market on Friday, with EPS decline of 50.0% y/y in Q4. The y/y EPS decline was weighed by higher operating expenditure and cost of sales, both of which offset the increase in revenue. On the 2018FY EPS […]
Results & Dividends
Guaranty Trust Bank Plc – Slower But Persistent Earnings Growth in Near Term
Culled—Proshare March 25, 2019/ARM Research At its full year 2018 analysts conference call and our follow up engagement, management guided to a 10% growth in loans over 2019, with focus on oil & gas sector, retail clients and manufacturing sector. Further, they guided that submissions have been made to unlock […]
UBA Hinges Future Performance on Cost Efficiency, Improved Asset Quality
March 24, 2019/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict cost efficient measures will help the bank achieve its objectives and priorities for […]
