Results & Dividends

PayPal tops profit estimates, lifts target on mobile payments growth

20/10/2017/Reuters Anna Irrera, Diptendu Lahiri Sharp growth in mobile payments led PayPal Holdings Inc (PYPL.O) to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year.  The San Jose, California-based payments company has been working hard in recent years to expand […]

Zenith Bank Reports Q3 2017 Results Records Weaker Than Expected Funding Income

Culled—Proshare October 19, 2017/FBNQuest Research Event:                       Zenith Bank reports Q3 2017 results Implications:        Mixed/delayed positive reaction by the market likely Positives:                PBT up 26% q/q, beat our forecast by 32% Negatives:               Weaker-than-expected funding income  Zenith Bank’s Q3 2017 results which have just been published show low single […]

ZENITHBANK Q3’17: Decline in Opex Supported 42.57% q/q Growth in PAT, Despite Lower Funding Income and Non-Interest Revenue.

October 19, 2017/Cordros Research Click here to download full PDF copy of report Zenith Bank Plc (ZENITHBANK) published Q3-2017 result this afternoon, reporting declines across most line items – gross earnings declined 35.19% q/q and 8.89% y/y – following higher than expected contraction in interest income (-30.96% q/q and +4.54% […]