Access Bank profit drops to ₦80 billion in 2017

Access Bank today released its financial statements for the year ended December 2017. Gross Earnings increased from ₦381 billion in 2016 to ₦459 billion in 2017. Profit before tax fell from ₦90 billion in 2016 to ₦80 billion in 2017. Profit after tax also dropped from ₦71 billion in 2016 to ₦61 billion in 2017.

The bank has declared a final dividend of ₦0.40 per share, bringing total dividend payment for 2017 to ₦0.65.

Here is a copy of the result.