FBN Holdings Plc (FBNH), the parent company of First Bank on Nigeria Limited on Thursday published its Second Quarter report for the period ended 30 June 2023.
The big elephant as it’s fondly called achieved significant growth in its topline and bottom line figures for the period under review.
Gross Earnings of FBNH for the 6 months period stands at N754.795 billion, up by 110.07% from N359.305 billion achieved the previous year.
Profit after tax grew year on year by 231.07% to N187.176 billion from N56.536 billion reported the previous year.
Earnings per share of FBNH stands at N5.21.
At the share price of N18.05, the P/E ratio of FBN Holdings stands at 3.46x with earnings yield of 28.89%.