DIAMOND BANK Q3 2012 RESULTS – KEY RATIOS

Diamond Bank was first out of the blocks for banks on the stock exchange as it released its Q3 2012 financials. The bank posted a 9 months Gross Revenue of N110.1b as against N74.6b in the same period last year. Net Interest income also grew 38.7% to N72billion when compared to the same period last year. Overall the bank’s path to profitability this year seem plausible with pretax profits turning positive to N23.2billion respectively. See full breakdown below. It will be interesting to see how their ratios compare to other banks in the industry as more results are announced

Diamond Bank’s full 9months unaudited financials for Q2 2012 is posted on the website of the NSE.