Results & Dividends

Zenith Bank Plc H1 2020: Weak q/q Performance but y/y Earnings Improve Marginally

September 12, 2020/InvestmentOne Report ·         Net interest income of N75.91billion, down 6.86%q/q , up 34.64%y/y ·         Non-interest income of N69.85billion, up 49.76%q/q, down 9.38%y/y. ·         Profit before tax of N55.34billion, down 5.87%q/q, up 1.75% y/y. ·         Profit after tax of N53.30billion, up 5.49%q/q, 0.58%y/y.  Jump in Credit Loss Weighs in […]

Access Bank Plc H1 2020: Rise in Credit Losses and Weak Net Interest Income Drive PBT down

September 12, 2020/InvestmentOne Report  ·         Net interest income of N53.99billion, down 25.23%q/q , down 45.08%y/y    ·         Non-interest income of N65.87billion, down 9.74%q/q, up from N364million in Q2 2019. ·         Profit before tax of N28.01billion, down 39.49%q/q, up 0.54% y/y. ·         Profit after tax of N20.11billion, down 50.88%y/y, down 2.99%y/y. […]