Culled—Proshare September 26, 2018/FBNQuest Research Event: Fidelity Bank reports Q2 2018 results Implications: When annualised Fidelity Bank’s H1 2018 PBT and PAT of N13.0bn and N8.5bn are both tracking well ahead of consensus 2018E forecasts of N19.8bn and N16.0bn respectively. Consequently, we expect the market to react positively to these […]
Results & Dividends
Fidelity Bank Says H1 2018 Pretax Profit up 27.3 % to N13.01 Billion
September 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Wednesday its pretax profit for the half-year (H1) period ended June 30, 2018 increased 27.3 percent to N13.01 billion from N10.21 billion posted a year ago. Post-tax profit of the Bank rose 31.1 percent to N11.84 billion from […]
Access Bank Plc: Poised to Outperform, Despite Fair Performance in H1-18 Result
September 12, 2018/Cordros Update Update: We resume coverage of ACCESS with a BUY recommendation. In its latest result for H1-2018, EPS grew by a marginal by 0.42% vs. H1-17 to NGN1.37. Interest income increased by 15.31%, driven by growth in interest earned on customer loans. However, a faster growth in […]
