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Home Industries Company News

[Corporate Action] Skye Bank’s Profits Rise By 21% to N11.9 billion In Q3’2015

Editor by Editor
October 27, 2015
in Company News
Skye Bank
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Skye Bank Plc released its financial results for the 9 months ended September 2015.

The result showed that Net Interest Income rose by 14.49% from N49 billion in Q3’2014 to N56 billion in Q3′ 2015.

Profit before tax also rose by 21.45% from N12 billion in Q3’2014 to N14 billion in Q3’2015.

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See Summary of result below..

SKYE BANK Q3 2015 Sep-15 Sep-14 % Change
N’m N’m
Net Interest Income 56,252 49,134 14.49%
Commision Fees & Other Income 29,739 17,619 68.79%
Operating Expenses -64,614 -46,903 37.76%
Pre-tax profits 14,979 12,333 21.45%
Profit After Tax 11,983 9,866 21.46%
Current Share Price

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