By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc said on Wednesday its post-tax profit for the period ended December 31, 2017 declined13.2 percent to N61.99 billion from N71.43 billion recorded a year ago. In the same vein, pretax profit dropped 11.4 percent to N80.07 billion […]
Results & Dividends
Guaranty Trust Bank Q4 2017 Results Review – Modest 2018 PBT Growth Guidance
Culled—-Proshare March 21, 2018/FBNQuest Research 7% cut to earnings and price target GT Bank’s 2018 PBT guidance of N205bn implies PBT growth of just 2.4% (excluding recoveries). If that figure is achieved, it would mark the weakest year of PBT growth since 2010, although close to the 4% in 2013 […]
CWG Says Estimated Earnings, FYE Projections to be Lower than Previous Years
March 20, 2018/NSE Following the preliminary review of CWG Plc’s (“the Company”) Financial Statements for the year ended 31 December 2017, it is expected that the estimated earnings and year-end financial projections will be materially lower in comparison to the prior year financials. The reduction in earnings is predominantly a […]
