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Home Markets Equities Company Results

2020 FY: Zenith Bank post N230.6 billion profit after tax

Blurb Team @Nairametrics by Blurb Team @Nairametrics
February 23, 2021
in Company Results, Markets
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Zenith Bank Plc released its full year 2020 audited results showing Net Interest Income of N299.7 billion up by 12.23% from the N267.03 billion recorded a year earlier. 

  • Net interest income after adjusting for loan impairments increased to N260.15 billion from N243 billion. (+7.1%YoY) 
  • Profit before tax was N255.9 billion, compared to N243.3 billion recorded in 2019. (+5.2%YoY) 
  • Earnings per share for the period under review is N7.34 from N6.65. (+10.4%YoY) 
  • A final dividend of N2.70 was declared for every share of 50k each 
  • The company’s share price of N26, up +4.8% YTD. 

See link to results. 

Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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Comments 0

  1. Ayanda Rasheed adeola says:
    February 23, 2021 at 5:57 pm

    Please sir, what is wrong with African Prudential share price

    Reply

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NUPENG threatens nationwide strike over violent attack on workers in Kaduna

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Oracle co-founder Ellison becomes second richest man, adding $40 billion in 2 Days to reach $258 billion 

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