August 31, 2018/InvestmentOne report Net interest income of N57.5billion, up 7.4% q/q; up 15.5% y/y Non-interest income of N24.3billion, up 39.1% q/q, down 15.3% y/y Profit before tax of N31.6billion, up 18.9% q/q; down 1.5% y/y Profit after tax of N20.1billion, down 15.5% q/q; up 0.3% y/y Late on […]
Results & Dividends
PZ Cussons Nigeria to Pay 15 kobo Dividend on Unimpressive 2018FY Earnings
August 31, 2018/Cordros Report Update: Today, PZ released Q4-18 and 2018FY results, with the Board proposing NGN0.15/share dividend on 2018FY net profit of NGN1.93 billion (-48% vs. 2017FY; Cordros estimate: -44%). Q4-18 rounds off a disappointing year: In the three months to May 2018, reported net profit was lower by […]
Access Bank Q2 2018 Initial Impression: Uninspiring Non-Interest Income Weighs Down PBT
August 30, 2018/InvestmentOne Report Net interest income of N40.6billion, down 9.0% q/q; up 0.8% y/y Non-interest income of N24.3billion, down 41.8% q/q, 49.3% y/y Profit before tax of N18.4.0billion, down 32.9% q/q; 24.7% y/y Profit after tax of N17.5billion, down 20.8% q/q; up 2.7% y/y Late yesterday, Access Bank released […]
