First Bank declares N40.79bn profit in Q3 2021

First Bank of Nigeria Holdings on Monday published its audited third quarter for the period ended 30 September 2021.

Gross Earnings of N427.397 billion was achieved for the nine months period, down by 2.85% from N439.923 billion recorded the previous year.

Profit after tax of N40.791 billion was reported for the nine months period, down by 40.15% from N68.156 billion.

Earnings per share (EPS) of the Holding Company for the period under review stands at N1.14, down by 40.15% from the EPS of N1.90 achieved in Q3 2020.

At the share of N11.70, the P.E of First Bank of Nigeria Holdings stands at 10.30x with earnings yield of 9.71%.

source: https://stocksng.com/first-bank-declares-n40-79bn-profit-in-q3-2021/

Your Comment:

Related Posts

18

Jan
Business & Economy

FAAC shared N990bn among FG, states and LGs in December 2022

The Federation Account Allocation Committee (FAAC), has disclosed that it shared a total  of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022. The amount is inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and Electronic Money Transfer Levies (EMTL). The Federal Government received N375.306 billion, the states […]

18

Jan
Business & Economy

Stock Market Review: January 18, 2023

The Nigerian stock market on Tuesday closed on a positive note with 0.67% growth. Year to date, the market has returned, 2.83% with the All Share Index and the Market Capitalisation at 52,701.31 points and N28.705 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed:[…]