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 […]
Results & Dividends
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 […]
FBN Holdings: Positive FY-2017 performance, as NII growth and lower impairment charges, offsets dip in NIR
April 25, 2018/Cordros Capital FBN Holdings Plc released its FY-17 financial result yesterday, showing Gross earnings (+2.27%) grew during the period to NGN595.02 billion, coming only 1.45% above our estimate. PBT and PAT recorded upturns of 147.63% and 178.78% to NGN56.83 billion and NGN47.79 billion respectively, falling short of our […]
