Results & Dividends

Access Bank: Unimpressive Q1-2018 performance; higher opex and impairment charges outweigh topline growth.

April 26, 2018/Cordros Report Access Bank plc released Q1-2018 results yesterday, showing a decline in its pre and post-tax profits from the same period in the previous year, by 0.57% and 1.30%, to NGN27.44 billion and NGN22.12 billion, respectively. Notably, following revision in operating expenses in the previous year, 2017’s […]

Facebook sales soar despite data scandal

25/4/2018/BBC Facebook’s quarterly sales rose by nearly 50% in the social media giant’s first results since a privacy scandal over users’ data emerged. The company said that revenues rose to $11.9bn in the first three months of the year, compared to $8bn previously. Chief executive Mark Zuckerberg said: “Despite facing […]

Access Bank Posts Impressive Earnings in Q1 2018

25/4/2018/Access Bank Plc Access Bank Plc has released its unaudited financial results for the first quarter (Q1) ended March 31, 2018 showing an increase of 19 percent in gross earnings to N137.5 billion from N116 billion in the corresponding period of March 2017, with interest income and non-interest income contributing […]