Access Bank has released its Q3 2018 financial result for the period ended 30th September 2018.
Here are the highlights of the result
The Gross Earnings for the 9- months increased from N365.1bn recorded during the corresponding period in 2017 to N375.2bn in 2018. This represents a three percent increase year on year.
Profit Before Tax
Profit Before Tax dropped from N72 billion for the period in 2017 to N70.3 billion in 2018.
Profit After Tax
The Profit After Tax increased from N56.4bn, which was recorded during the same period in 2017 to N62.9bn for the third quarter of this year. This amounts to a 12 percent increase year on year.
Current Share Price
The share price of Access Bank is currently trading at N8.00 on the floor of the Nigerian Stock Exchange.