Access Bank Plc held its H1 2018 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market analysts and professionals. The bank, in its presentation gave an overview of the economy as well as an overview of the domestic operating environment. The bank is of the view that Nigeria’s economic recovery […]
ABUJA, Aug 30 (Reuters) – Nigeria’s Access Bank expects the country’s banking industry to hold its regular committee meeting soon to discuss South African telecoms firm MTN’s repayment of $8.1 billion, on the orders of the central bank. Access Bank Chief Executive Herbert Wigwe said the bank has a minor holding at MTN group level […]
Access Bank Plc has declared a profit after tax of N39.625 billion and also offered an interim dividend of 25 kobo per share, amounting to N7.23 billion in its half year financial results submitted to the Nigerian Stock Exchange (NSE) Wednesday. The bank recorded gross earnings of N253.024 billion as against N246.575 billion in the […]
Event : Access Bank reports Q2 2018 results Implications : Access Bank’s Q2 2018 PBT of N18.4bn tracks behind ours and consensus 2018 PBT forecast N88.0bn and N89.0bn respectively. Historically, the final quarter of the year is usually its weakest. Consequently, we expect to see marked downward revisions to consensus 2018 PBT forecasts and a […]
Access Bank Plc has recorded a profit after tax of N39.625 billion for the half year ended June 30, 2018 from a profit of N39.459 billion recorded in 2017. The unaudited financial results for the half year (H1) ended showed an increase of 2.6 per cent in gross earnings to N253.024 billion from N246.575 billion […]
Access Bank Plc has released its results for the half year ended June 2018. The bank also declared an interim dividend of N0.25 (twenty five kobo) per share. Here are the highlights of the result. Gross Earnings Gross Earnings increased from N246 billion in 2017 to N253 billion in 2018. This represents a 2.8% increase […]
access bank Access Bank Plc has declared a profit after tax of N39.625 billion in its half year results for the period ended June 30, 2018. In the bank’s results released yesterday on the Nigerian Stock Exchange (NSE), the management of Access Bank proposed an interim dividend of 25 kobo per share, amounting to N7.23 […]
The Nigerian Stock Exchange (NSE) kicked off this week’s trading with a 0.32% decline in the All Share Index at 35,311.36 basis point. The Market capitalization closed at N12.891 trillion. The gainer’s chart was led by Total Nigeria Plc, Flour Mills of Nigeria Plc, Lafarge Africa, Nigerian Breweries Plc and Guaranty Trust Bank with their […]
By Dipo Olowookere Activities at the local bourse finished bearish again on Thursday as result of losses recorded by counters in the banking sector. Late Wednesday, UBA and Access Bank finally released their much-awaited half year earnings and despite the impressive results churned out by the former, investors chose to react to the not-too impressive […]
Nigeria’s equities market closed positive on Tuesday, thanks to improved investor sentiments in banking bellwethers such as GUARANTY (+2.6%), ACCESS (+2.8%) and UBA (+2.5%) who were the major drivers of the market performance outcome for the day. The All Share Index (ASI) consequently rose 0.58 percent to 35,516.21 points, just as the year to date […]
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