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[Corporate Action] Access Bank Posts 44% Rise In Pre-tax Profits in 2015 H1

Access Bank released its 2015 Half Year result showing pre-tax profits rising 44% from N27bn in June 2014 to N39bn in June 2015. Profit after tax also rose 35% from N23bn in 2014 to N31bn in 2015. See Summary of result below… Access Bank H1 Jun-15 Jun-14 % Change N’bn N’bn Net Interest Income 48,163 48,743 -1.19% Commision Fees […]

[Corporate Action] Access Bank Posts 44% Rise In Pre-tax Profits in 2015 H1

Access Bank released its 2015 Half Year result showing pre-tax profits rising 44% from N27bn in June 2014 to N39bn in June 2015. Profit after tax also rose 35% from N23bn in 2014 to N31bn in 2015.

See Summary of result below…

Access Bank H1 Jun-15 Jun-14 % Change
N’bn N’bn
Net Interest Income 48,163 48,743 -1.19%
Commision Fees & Other Income 16,850 19,419 -13.23%
Operating Expenses -69,641 -52,461 32.75%
Pre-tax profits 39,113 27,118 44.23%
Profit After Tax 31,287 23,073 35.60%
Current Share Price 4.27

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