Results & Dividends

Access Bank Reports Subdued Performance in 2Q22

September 20, 2022/FSDH Research Key Performance Highlights: Access Bank recorded a 31.2% YoY growth in gross earnings to N296.0 billion in 2Q22, principally driven by an 18.6% YoY rise in Interest Income calculated using the effective interest rate and a significant net gain of N108.8 billion on financial instruments held […]

Access Holdings Plc H1-22: Higher Cost of Funding Inhibits Profitability

September 15, 2022/Cordros Report Access Holding Plc (ACCESSCORP) released its audited H1-22 financial statement yesterday, reporting an EPS growth of 1.7% y/y to NGN2.46/s (H1-21: NGN2.42/s), supported majorly by growth in the non-core income (+67.2% y/y) segment. The board has proposed an interim dividend of NGN0.20/s (H1-21: NGN0.30/s), which equates […]