Zenith Bank Plc, one of Nigeria’s tier one lenders announced a profit after tax of N193.424 billion for the year which ended December 31, 2018, from N173 billion in 2017.
While profit before tax rose from N199 billion in 2017 to N231 billion in 2018, the bank’s gross earnings dipped from N745 billion in 2017 to N630 billion in 2018.
The bank has also declared a final dividend of N2.50 per share, just as its shares are currently trading at N24.20 in today’s trading session on the Nigerian Stock Exchange, up 1.25 per cent.
Be the first to comment