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Zenith Bank has released its results for the 9 months ended September 30, 2018.Here are key highlights of the results.
Gross Earnings
Gross Earnings fell from N531 billion in 2017 to N474 billion in 2018. This amounts to a 10.7% decline year on year.
Profit Before Tax
Profit before tax however increased from N152 billion in 2017 to N167 billion in 2018. This amounts to a 9.8% increase year on year.
Profit After Tax
Profit after tax also increased from N129 billion in 2017 to N144 billion in 2018. That amounts to a 11.6% increase year on year.
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Earnings Per Share
Earnings per share increased from N4.11 in 2017 to N4.58 in 2018. This amounts to a 11.4% increase year on year.
Current Share Price
Zenith Bank is currently trading at N22.40 in today’s trading session on the Nigerian Stock Exchange.
