Culled—Proshare April 18, 2018/FBNQuest Research Event: GT Bank reports Q1 2018 results Implications: Slight upward revisions to consensus PBT forecasts likely Positives: PBT and PAT grew by 4% y/y and 8% y/y, thanks to a 52% y/y reduction in loan loss provisions and a 41% y/y growth in non-interest income […]
Results & Dividends
UACN Plc FY’17 – Dismal FY’17 Earnings, Strategic Review on Course
Culled—Proshare 17/4/2018/Vetiva Research • Revenue up 8% y/y, supported by Food and Paints segments • High production, operation and finance costs derail margins • FY’17 PAT clocks in 59% weaker than Vetiva estimate • Board announces FY’17 dividend/share of ₦0.65 (FY’16: ₦1.00) FY’17 PAT moderates 79% y/y as cost pressures bite Despite an 8% […]
Sterling Bank Says 2017 Pretax Profit up 43.5%, Offers 2 Kobo per share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Monday its pretax profit for the period ended December 31, 2017 grew 43.5 percent to N8.60 billion from N5.99 billion posted a year ago. Profit after tax (PAT) of the lender increased 65.1 percent to N8.52 billion from N5.16 billion declared in […]
