Investors Bite

NSE Says Foreign Investors Outperform Domestic Investors by 9.07% in June 2018

August 1, 2018/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange as at the end of June 2018. Table 1: Analysis of Transactions […]

First Bank – Mixed Performances Amidst Impressive Top Line Growth

Culled—Proshare August 1, 2018/Vetiva Research Earnings beat estimates – PAT up 14% y/y Impressive E-biz income boosts Non-Interest Income line Loan loss provision revised lower to reflect H1’18 run rate Target Price raised to ₦13.53 (Previous: ₦12.84)  Q2’18 recovers on stronger Non-Interest Income, PAT up 27% q/q FBNH released its […]

Diamond Bank Plc H1 2018 Result: Higher Interest Expense Exacerbates Bad Performance

August 1, 2018/InvestmentOne Report NIGERIA | EQUITIES | BANKING | DIAMOND BANK PLC Q2 2018 results highlight:   ·         Net interest income of N23.08billion, down 1.4% q/q; 11.5% y/y   ·         Non-interest Income of N10.96billion, up 34.8% q/q; 25.4% y/y   ·         Profit before tax of N1.67billion, up 33.1% q/q; […]