FBN Holdings has released its results for the third quarter ended September 30, 2018. Here are key highlights of the results
Interest Income
Interest income dropped from N356 billion in 2017 to N337 billion in 2018. This represents a 5.3% drop year on year.
Profit Before Tax
Profit Before Tax dropped from N55.4 billion in 2017 to N51.3 billion in 2018. This represents a 7.4% drop year on year.
Profit After Tax
Profit after tax dropped from N45.8 billion in 2017 to N44.9 billion in 2018. This represents a 1.9% decrease year on year.
Earnings Per Share
Earnings per share remained flat at N1.22 unchanged from the prior year in 2017.
Current Share Price
FBN closed at N9.20 in today’s trading session on the NSE.
