Zenith Bank Plc reports N620.57bn Gross Earnings, PAT rises by 8.55% in Q3 2022

Zenith Bank Plc on Thursday published its Third Quarter report for the period ended 30 September 2022.

Gross Earnings of N620.574 billion was reported by the Financial Institution for the 9 months period, up by 19.65% from N518.673 billion reported the previous year.

Profit after tax grew year on year by 8.55% to N174.331 billion from N160.594 billion reported in Q3 2021.

Earnings per share of Zenith Bank for the period under review stands at N5.55, up by 8.55% from the EPS of N5.12 achieved the previous year.

At the share price of N20.1, the P/E ratio of Zenith Bank stands at 3.62x with earnings yield of 27.63%.

Source: Zenith Bank Plc reports N620.57bn Gross Earnings, PAT rises by 8.55% in Q3 2022 – StocksWatch (stocksng.com)

Your Comment:

Related Posts

07

Feb
Business & Economy

Consolidated Hallmark Holdings Plc grows profit by 513.7% to N23.13bn in Q4 2024

The Unaudited Financial Statements of Consolidated Hallmark Holdings Plc for the year ended 31 December 2024 revealed significant growth in the Company’s revenue and profit after tax. Gross Earnings of N28.17 billion was achieved for the 12 months period, up by 340.17% from the Gross Earnings of N6.4 billion recorded the previous year. Profit after tax of […]

Read Article

07

Feb
Business & Economy

Fidelity Bank Plc increases share capital to N36.7bn

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each. At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the[…]

Read Article