Access Bank, one of Nigeria’s top 5 commercial banks had gross earnings of N246 billion according to its HY 2017 results released yesterday to the Nigerian Stock Exchange. An increase from the N174 billion declared for the corresponding period in 2016. The bank also declared an interim dividend of 25 kobo per share.
Here is a highlight of the result:
N N
2016 2017
Gross Earnings                       174,011,869                   246,575,403
Profit Before Tax                      43,993,069                    52,048,768
Earnings Per Share (kobo)                 117 kobo                   138 kobo
Interim Dividend                          25 kobo                    25 kobo
Access Bank is currently trading at N10 as at 11.15am in today’s session on the Nigerian Stock Exchange (NSE).
