Investors Bite

Access Bank Plc Records Slightly Weak Revenues in Q3 2017 Results

Culled—Proshare October 26, 2017/FBNQuest Research  Event: Access Bank reports Q3 2017 results Implications: Muted reaction from the market likely Positives: Lower-than-expected loan loss provisions; significant OCI gains Negatives: Slightly weak revenues Access Bank’s Q3 2017 results which have just been published show that PBT of N20.9bn was down -17% y/y due to […]

FBN Holdings Declares N55.4 Billion PAT in Q3 2017

…as Folake Ani-Mumuney Appointed Non-Executive Director October 26, 2017/FBN Holdings                                                                                        FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its unaudited results for the nine months ended 30 September 2017.  Income Statement                                                         Gross earnings of N2billion, up 5.2% year-on-year(y-o-y) (Sept 2016: N417.4 billion) Net-interest incomeof N3billion, up 25.3% […]

NSEASI Closes Negative at -0.29% on Wealk Investors Sentiment

October 26, 2017/InvestmentOne Research The Nigerian equities market declined -0.29% today.  Market breadth index closed negative today as 19 stocks gained against 27 stocks that declined.   The best performing stock was NASCON (+10.18%) while NEM (-5.00%) was the top loser.                         UBA (-0.64%) and GUARANTY (-0.71%) topped the volume […]