Results & Dividends

Access Bank Reports Q1 2018 Results – Provisions Spiked by 55% YoY

Culled—Proshare April 25, 2018/FBNQuest Research  Event: Access Bank reports Q1 2018 results Implications: Limited revisions to consensus 2018 PBT forecasts Positives: Non-interest income grew 15% y/y Negatives: Provisions spiked by 55% y/y; PAT fell by 24% y/y due to a negative result of N5.3bn in OCI  Access Bank’s (Access) Q1 2018 results […]

Access Bank Posts N22.12 Billion PAT in Q1 2018

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Wednesday its post-tax profit for the first quarter (Q1) period ended March 31, 2018 declined 1.3 percent to N22.12 billion from N22.40 billion recorded a year ago. In the same vein, pretax profit dropped marginally 0.6 percent […]

Access Bank Shareholders Endorse 65 Kobo Per Share Final Dividend in 2017

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of Nigeria’s tier one lender, Access Bank Plc on Wednesday endorsed the payment of 65 kobo per share dividend for the period ended December 31, 2017. At the 29th Annual General Meeting (AGM) of the bank, Timothy Adesiyan and Adebayo Adeleke, shareholder group leaders […]