First Bank of Nigeria Holdings grows PAT by 48.6% in HY 2022

First Bank of Nigeria Holdings Plc on Friday published its Second Quarter report for the period ended 30 June 2022.

The report revealed 22.38% growth in the Gross Earnings of the Group to N359.305 billion from N293.586 billion reported the previous year.

Profit after tax grew year on year by 48.6% to N56.536 billion from N38.045 billion reported the previous year.

Earnings per share (EPS) of the Holding Company for the 6 months period stands at N1.58, up by 48.6% from the EPS of N1.06.

At the share price of N11, the P/E ratio of First Bank of Nigeria Holdings Plc stands at 6.98x with earnings yield of 14.32%.

Source: First Bank of Nigeria Holdings grows PAT by 48.6% in HY 2022 – StocksWatch (stocksng.com)

Related Posts

08

Jan
Business & Economy

GTCO raises N209.41bn at first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]