Access Bank released its 2014 full year results showing Gross Earnings rose 18.5% to N245.2billion. Net Interest Income also rose 29% to N100billion for the year. Profit after tax for the year was N42.9billion an 18% increase from N36.2billion a year earlier.
Earnings per share for the year was N1.88 19% higher than the N1.57 posted a year earlier. The company also reported Loans and Advances to customers rose 41% to N1.1trllion. Deposits also rose 9% to N1.4trillion for customers.
Access Bank proposed a Final dividend of 35kobo which will cost the company in the region of N8billion. The company is about concluding its right issue worth N52.5billion