May 6, 2024/CSL Research Zenith Bank’s Q1 2024 unaudited numbers showed a strong 154.9% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 114.7% y/y (Q1 2024 compared with Q1 2023) but were up 31.9% in […]
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GTCO Q1’24: Record-High Quarterly Profit Driven by Robust Operating Performance & Fair Value Gains
May 6, 2024/CSL Research GTCO’s Q1 2024 unaudited numbers showed a strong 170.6%y/y growth in Interest Income to N281.7bn driven by growth in both average volume of earning assets and average yield. Net Loans and advances to Customers grew 21.9% in Q1 2024 relative to FY 2023 (inclusive of the […]
UBA Q1’24: Interest and Fee Income Growth Drive Strong Profit Growth
May 3, 2024/CSL Research UBA’s Q1 2024 unaudited numbers showed a strong 129.7% y/y growth in Interest Income to N440.8bn driven mainly by growth in Interest Income on Investment Securities, loans and on cash and bank balances. Net Loans to customers grew 39.5% in Q1 2024 compared with the December […]
