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Nairametrics
Home Companies Company News

FBN Holdings stock rises by 9.97% as Investors react to positive earnings

Nathanael Disu by Nathanael Disu
July 21, 2023
in Company News, Stock Market
FBN Holdings stock rises by 9.97% as Investors react to positive earnings

FBN Holdings

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Shares of FBN Holdings gained 9.97% on Friday, 21st July 2023 as Investors react to positive earnings.

Recall that FBN Holdings Plc released its 2023 second-quarter results showing pre-tax profits rose by 414% to N150.1 billion (N29.2 billion Q2 2022).

The increase in second-quarter profits boosted its half-year profit before tax as it rose by 213% to N206.2 billion as against N65.7 billion recorded in the same period last year.

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This positive result is also the Bank Holding Company’s best half-year performance since it was quoted on the Exchange.

This is a developing story…


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Nathanael Disu

Nathanael Disu

Nathanael Disu is a Financial Analyst at Nairametrics. He also runs a Financial Intelligence Bootcamp which helps individuals get better understanding of their Money.

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