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Nairametrics
Home Markets Equities Company Results

Ecobank Transnational Inc. Profit after tax increases by 23% in Q1 2021.

Chidi Emenike by Chidi Emenike
April 26, 2021
in Company Results, Markets
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Ecobank Transnational Incorporated released its unaudited results for the first quarter of the year (Q1, 2021).

  • Net interest income for the period was N95.35 billion. (+24% YoY)
  • Fee and commission income of N45.6 billion. (+19% YoY)
  • Operating income of N164.6 billion. (+15% YoY)
  • Operating expenses totalled N97.63 billion. (+3% YoY)
  • Profit after tax was N30.5 billion. (+23% YoY)
  • Earnings per share from continuing operations was 84 kobo Vs 71kobo YoY

See link to results.

Tags: Company Financial ResultsEcobank Transnational Inc
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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