Pursuant to Rule 2.2.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) April 10, 2017/NSE The Nigerian Stock Exchange (“The Exchange”) hereby informs the general public that the companies listed below have missed the deadline to file their Audited Financial Statements (“AFS”) […]
Results & Dividends
Fidelity Bank Plc Records Marked Reductions in Loan Loss Provisions in Q4 2016 Results
Culled—Proshare April 10, 2017/FBNQuest Research Event: Fidelity Bank reports Q4 2016 results Implications: Market likely to react positively due to significant dividend yield of 16.7% Positives: Marked reduction in loan loss provisions Negatives: Profit before provisions -5% y/y, missed our forecast by 9% Late on Friday of last week, the […]
Fidelity Bank Plc Q4 2016 Results: Key Highlights
April 10, 2017/InvestmentOne Research Fidelity Bank released its Q4 2016 results late on Friday. Please find key highlights of the Q4 2016 results below: · Net interest income of N11.4bn, down -39.6% q/q; -43.7% y/y · Profit before tax of N1.2bn, down -65.5% q/q; up +421.7% y/y · Profit after […]
