Wednesday, April 20, 2016 6:07PM/ FBNQuest Event: GT Bank reports Q1 2016 results Implications: Market reaction likely to be neutral to slightly negative Positives: Limited to provisions coming in 4% lower y/y Negatives: Significant (N5.3bn) loss on the other comprehensive income line GT Bank’s Q1 2016 results which have just […]
Tag: 2016 first quarter report
UBA Says Q1 2016 Profit up Marginally 0.2%
By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) said on Tuesday its profit after tax (PAT) for the period ended March 31, 2016 climbed up marginally 0.2 percent to N16.98 billion from N16.95 billion recorded a year ago. Profit before tax (PBT) dropped slightly 1.7 […]