FBN Holdings released its financial results for the nine months ended 30 Sept 2015.
The result showed that grew by 9.31% from N176 billion Q3’2014 to N192 billion in Q3’2015.
Pre-tax profits however declined by 19.24% from N73 billion in Q3’2014 to N59 billion in Q3’2015.
See Summary of result below..
| FBN HOLDINGS Q3 2015 | Sep-15 | Sep-14 | % Change |
| N’m | N’m | ||
| Net Interest Income | 192,919 | 176,491 | 9.31% |
| Commision Fees & Other Income | 51,001 | 51,221 | -0.43% |
| Operating Expenses | -157,257 | -151,870 | 3.55% |
| Pre-tax profits | 59,563 | 73,749 | -19.24% |
| Profit After Tax | 50,217 | 55,627 | -9.73% |
| Current Share Price | 5.75 |
