Access Bank Plc has released its results for the first quarter ended in March 2019. Here are key highlights of the results

Gross Earnings

Gross earnings rose from N137 billion in 2018 to N160 billion in 2019. This amounts to a 16% increase year on year.

Profit before tax

Profit before tax increased from N27.2 billion in 2018 to N45.1 billion in 2019. This amounts to a 66% increase year on year.

Profit after tax

Profit after tax jumped from N21.9 billion in 2018 to N41.1 billion in 2019. This amounts to an 88% increase year on year.

Earnings per share 

Earnings per share also rose from N0.77 in 2018 to N1.39 in 2019. This amounts to an 81% increase year on year.

ACCESS BANK Q1 2019 RESULTS 

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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