Culled—Proshare May 1, 2018/Vetiva Research • Top and bottom lines track estimates, PAT up 64% y/y • IFRS 9 implementation results in ₦15 billion one-time equity charge • TP revised marginally higher to ₦4.66 Low Q1’17 base flatters earnings growth, up 64% y/y FCMB released its Q1’18 earnings, with top line and bottom […]
Results & Dividends
FIDELITYBK Reports Q4 2017 Results – Loan Loss Provisions Spiked By 462% YoY
Culled—Proshare 30/4/2018/FBNQuest Research Event: Fidelity Bank reports Q4 2017 results Implications: Likely upward revisions to consensus earnings forecasts Positives: PBT up 232% y/y driven by strong growth in funding income Negatives: Loan loss provisions spiked by 462% y/y This afternoon the NSE published Fidelity Bank’s (Fidelity) Q4 2017 results which […]
Fidelity Bank Says 2017 Pretax Profit up 83.5% to N20.30 Billion, Offers 11 Kobo Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc on Monday said its pretax profit for the period ended December 31, 2017 grew 83.5 percent to N20.30 billion from N11.06 billion recorded a year ago. Post tax profit of the bank increased 93.7 percent to N18.85 billion from N9.73 billion posted in the […]
