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Nairametrics
Home Markets Equities Company Results

NPF Microfinance Bank reports a profit after tax of N614.42 million in FY 2020.

Chidi Emenike by Chidi Emenike
April 18, 2021
in Company Results, Markets
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NPF Microfinance Bank Plc released its full-year audited results for the year ended 31st December, 2020.

  • Gross Earnings for the year was N4.66 billion. (+4.7% YoY)
  • Net interest income of N3.7 billion. (+27% YoY)
  • Personnel expenses totalled N1.99 billion. (+9.2% YoY)
  • Profit for the year was N614.42 million. (-22.9% YoY)
  • Earnings per share of 27 kobo vs 35 kobo YoY.
  • A dividend of 20kobo was proposed by the Board.

See link to results.


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Tags: Company Financial ResultsNPF Microfinance Bank
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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