Zenith Bank Plc has released its results for the half year ended June 2018. The bank has also declared an interim dividend of N0.30 per share.
Gross Earnings
Gross Earnings dropped from N380 billion in 2017 to N322 billion in 2018. This represents an 18% drop in comparison with 2017.
Profit Before Tax
Profit before tax increased from N92 billion in 2017, to N107 billion in 2018. This represents a 16.3% increase year on year.
Profit After tax
Profit after tax rose from N75 billion in 2017 to N81 billion in 2018. This represents an 8% increase year on year.
Earnings Per Share
Earnings per share remained flat year on year at N1.21
Current Share Price
Zenith Bank is currently trading at N24.1 per share.