Results & Dividends

Access Bank Posts Impressive PAT in Q1 2019

April 16, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Access Bank Plc on Tuesday announced its post-tax profit for the first quarter (Q1) period ended March 31, 2019 appreciated 86.1 percent to N41.14 billion from N22.11 billion recorded a year ago. In the same vein, pretax profit surged […]

Dividend Payment – Is NASD A Store of Value?

Culled—Proshare April 11, 2019/ Proshare Research  Introduction As at the close of trade on April 10, 2019, the NASD-USI recorded YTD decline of -1.6% from 740.66 points at the end of 2018 to 728.84 points.  On a month-on-month basis, the NASD-USI recorded an increase of +0.21% at the end of […]

11 Plc Q4 2018 Results Review – 6% Cut to EPS Estimates Over The 2019-21E Period

Culled—Proshare April 10, 2019/FBNQuest Research Neutral rating maintained 11 Plc’s FY earnings of N9.3bn missed our estimate by around 10% due to negative surprises on the opex and other income lines. Although 11’s petroleum products marketing business grew y/y with sales up 31%, driven by white product sales which grew […]