25/4/2018/Access Bank Plc Access Bank Plc has released its unaudited financial results for the first quarter (Q1) ended March 31, 2018 showing an increase of 19 percent in gross earnings to N137.5 billion from N116 billion in the corresponding period of March 2017, with interest income and non-interest income contributing […]
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Access Bank Reports Q1 2018 Results – Provisions Spiked by 55% YoY
Culled—Proshare April 25, 2018/FBNQuest Research Event: Access Bank reports Q1 2018 results Implications: Limited revisions to consensus 2018 PBT forecasts Positives: Non-interest income grew 15% y/y Negatives: Provisions spiked by 55% y/y; PAT fell by 24% y/y due to a negative result of N5.3bn in OCI Access Bank’s (Access) Q1 2018 results […]
NSE Retruns to Bearish Mood, as Month-to-Date Returns Down -1.80%
April 25, 2018/Cordros Update EQUITIES Proceedings turned bearish in the equities market, with the ASI dipping by 0.12% to 40,772.26 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -1.80% and 6.57% respectively. The Industrial Goods (-1.42%) index recorded the largest loss, followed by the Insurance (-0.76%) index, owing to […]
