Results & Dividends

Access Bank Plc FY 2017 – No Room to Swing a Cat

Culled—Proshare March 22, 2018/ARM Research  Access Bank Plc (Access) released its audited FY 17 result yesterday with earnings running a tad behind our estimates on account of higher impairment and FX revaluation losses. Precisely, EPS declined by 13% YoY to N2.14 (2017E: N2.53). Nonetheless, the bank declared a final dividend […]

Okomu Oil Offers Investors N3.00 Per Share Dividend in 2017 Year End

March 22, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Agriculture / Argo-Allied firm, Okomu Oil Company Plcon Thursday proposed a dividend of N3.00 per share to investors of the company for full year 2017. Okomu in its corporate action to the Nigerian Stock Exchange (NSE) said qualification date is May 15, 2018; while […]

ETI Reports N69.99 Billion Profit in 2017 End

By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its profit for the period ended December 31, 2017 rose 233.1 percent to N69.99 billion from a negative of N52.60 billion recorded a year earlier. Similarly, pretax profit increased 362.0 percent to N88.30 billion from a negative […]