May 3, 2017/PFCAfrica Communications Limited Lagos: April 28, 2017 – Shareholders of FCMB Group Plc have applauded the financial institution for its resilience, dynamism and the enhanced performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 4th Annual General Meeting (AGM) of […]
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FBN Holdings Plc | FY2016 and Q12017 Update: Asset Quality Pressure on the Bottom line Persists
May 3, 2017/Cordros Research Click here to download full PDF Report Last week, First Bank of Nigeria Holdings Plc (”FBNH”) released audited full year 2016 results, wherein gross earnings grew by 15.17% (1.86% above estimate), buoyed by growth in net insurance premium (+14.85% y/y) and significant improvement in non-interest revenue […]
Zenith Bank Still Offering Double-Digit Upside Potential
Culled—Proshare May 3, 2017/FBNQuest Research Raising our 2017E ROAE forecast to 18% after strong Q1 Following Zenith Bank’s better-than-expected Q1 2017 results, we expect market sentiment to improve towards the stock – despite still no official earnings guidance for 2017 from management. The results were quite strong, leading us to […]
