• Contact Us
  • About Us
Monday, March 27, 2023
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
Home Banking

Access Grows Pre-Tax Profit To N97.8b In Half Year

metro by metro
September 16, 2022
in Banking, Breaking
0
0
SHARES
0
VIEWS

Read Also

Cash Crunch : CBN Appeals To Customers For Patience, Confirms Evacuation Of Banknotes To DMBs

NOVA Merchant  Bank Pledges Support For Women Embracing Technology In Nigeria

Confusion As Banks Resume Issuance Of Old N500, N1,000 Notes To Customers

Access Holdings grew its pre-tax profit (PBT) by 0.4 percent in the first half of the year, rising to N97.8b from N97.38b in the same period in 2021, the bank said in a statement released to the Nigerian Exchange Limited.

Profit after tax was N87.3b, 1.5% growth from N85.98b over the same period, it said.

While the group recorded a “decent growth” in Pre-provision operating profits, a rise in Loan loss provisions dampened its impact on earnings growth, Coronation Research noted in its notes to clients on Thursday. It said the growth in pre-provision operating profits was driven primarily by  Non-Interest Revenues, specifically Trading revenues.
ALSO READ:Harsh operating Environment Forces Access Bank To Reduce Operating Hours, Advices Customers To Patronize Digital Channels 
The net profit figure translates to Earnings Per Share of N2.52, out of which the board proposed an interim dividend of N0.20, down from  N0.30 it gave for the same period last year.

Previous Post

NCAA Suspends Azman Air’s License Over N1.2bn Debt, More Airlines May Be Affected Soon

Next Post

Bridgewater’s Ray Dalio Expects Stocks To Fall 20% On Rates Hike To 4.5%

Related Posts

CBN
Banking

Cash Crunch : CBN Appeals To Customers For Patience, Confirms Evacuation Of Banknotes To DMBs

March 24, 2023
NOVA Merchant  Bank Pledges Support For Women Embracing Technology In Nigeria
Banking

NOVA Merchant  Bank Pledges Support For Women Embracing Technology In Nigeria

March 22, 2023
CBN
Banking

Confusion As Banks Resume Issuance Of Old N500, N1,000 Notes To Customers

March 7, 2023
Zenith Bank
Banking

CBN’s Directive On Tenure Limits Claims Another Casuality As Zenith Bank’s DMD, Adaora Umeoji Retires 

March 3, 2023
Next Post
Bridgewater’s Ray Dalio Expects Stocks To Fall 20% On Rates Hike To 4.5%

Bridgewater's Ray Dalio Expects Stocks To Fall 20% On Rates Hike To 4.5%

Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt

Court Orders Zenith, UBA, Firstbank, Wema To Appear Over N3.4bn OYSG Debt

March 27, 2023
Banks comply with CBN’s Directive on weekend Services, Ration Cash To customers

Banks comply with CBN’s Directive on weekend Services, Ration Cash To customers

March 25, 2023
CBN

Cash Crunch : CBN Appeals To Customers For Patience, Confirms Evacuation Of Banknotes To DMBs

March 24, 2023
ADVERTISEMENT
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version