Results & Dividends

Guinness Nigeria Plc | First Glance: Q3-17; Investors Unmoved By Marked Improvement in PAT

April 27, 2017/Cordros Report Click here to download full PDF Report Late yesterday, GUINNESS released Q3-17 results, and surprised with a record gross margin (54.71%) recovery that was by far the biggest contributor to the company’s first quarterly profit in exactly one year. Also supporting the PAT of N2.1 billion […]

FBNH Reports Gross Earnings of N581.8 Billion, up 15.7% Year-on-Year

April 27, 2017/FBN Holdings Plc FOR THE FULL YEAR ENDED 31 DECEMBER 2016 FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the full year ended 31 December 2016.  Income Statement[1]                                                       Gross earnings of N8billion, up 15.7% year-on-year (y-o-y) (Dec 2015: N502.7 billion) Net-interest […]

GTBANK | First Glance: Impressive Start to the Year; Management Guidance on Course

April 27, 2017/Cordros Research Click here to download full PDF Report Guaranty Trust Bank Plc (GUARANTY) yesterday released Q1-2017 results, wherein gross earnings surged 40.01% y/y, driven by increases in interest income (50.64% y/y) and non-interest income (9.83% y/y), which drove sizeable growths in PBT (+667.20% y/y and 111.07% q/q) […]