Author: InvestAdvocate

UBA Reports N28.66 Billion Impressive Q1 2019 Profit

April 23, 2019 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) said on Tuesday said its profit after tax (PAT) for the period ended March 31, 2019 climbed up 20.8 percent to N28.66 billion from N23.73 billion recorded a year ago. Profit before […]

X-Compliance Report: NSE Fines Access Bank, Diamond, FIRSTALUM N8.12 Million

April 23, 2019/NSE SCHEDULE 1: RELEASED FINANCIALS This Schedule contains the list of financial statements filed by listed companies via the Issuers’ Portal of The Exchange. Details of the released financials can be found on the website of The Exchange via this link. SCHEDULE 2: EARLY FILERS OF QUARTERLY & […]

Access Bank Q1 2019 Results Review: Still Sizable Upside Potential Post Q1 Results

Culled—Proshare April 23, 2019/FBNQuest Research  10% avg. increase to our 2019-20E EPS forecasts Access Bank’s (Access) Q1 2019 results beat ours and consensus forecasts on every criterion. In particular, funding income was exceptionally strong, with a growth of 27% y/y and a positive variance of 23% relative to our forecast. […]