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[Corporate Action] Access Bank Declares N48bn Profit After Tax For Q3’2015

Access bank released its financial results for the nine months ended 30 September 2015. The results showed pre-tax profits rise by 44.62% from N41 billion in 2014 to N60 billion in 2015. See Summary of result below… Access Bank Bank Q3 2015 Sep-15 Sep-14 % Change N’bn N’bn Net Interest Income 75,897 75,945 -0.06% Commision […]

Access Bank and Union Bank, Access Bank, CBN, Creative Industry Financing Initiative, CIFI
Access Bank former logo and outlook before merger with Diamond Bank

Access bank released its financial results for the nine months ended 30 September 2015.

The results showed pre-tax profits rise by 44.62% from N41 billion in 2014 to N60 billion in 2015.

See Summary of result below…

Access Bank Bank Q3 2015 Sep-15 Sep-14 % Change
N’bn N’bn
Net Interest Income 75,897 75,945 -0.06%
Commision Fees & Other Income 26,696 24,294 9.89%
Operating Expenses -106,171 -76,875 38.11%
Pre-tax profits 60,372 41,745 44.62%
Profit After Tax 48,093 34,935 37.66%
Current Share Price 5.12

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