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Skye Bank Plc has released its earnings forecast for the end of the first half of this financial year projecting a turnover of N75.2billion. This is 26% increase from the N60billion the bank earned a year earlier. If this forecast comes through then the bank would have surpassed the 22% increase it achieved in 2012 when compared to 2011.
The bank also projects a pre-tax profit of N10.6billion 7% higher than the N9.9billion it posted same period last year. They forecast deposit liabilities of about N996billion compared to the N748billion depositors cash they had last year. Their share price closed at N6.13 today (7/3/2013), 0.16% higher the previous day.
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