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[Corporate Action] FBN Holdings PAT Drops By 9.73% to N50 billion In Q3’2015

FBN Holdings released its financial results for the nine months ended 30 Sept 2015. The result showed that grew by 9.31% from N176 billion Q3’2014 to N192 billion in Q3’2015. Pre-tax profits however declined by 19.24% from N73 billion in Q3’2014 to N59 billion in Q3’2015. See Summary of result below.. Other News Stanbic IBTC […]

[Corporate Action] FBN Holdings PAT Drops By 9.73% to N50 billion In Q3’2015

FBN Holdings released its financial results for the nine months ended 30 Sept 2015.

The result showed that grew by 9.31% from N176 billion Q3’2014 to N192 billion in Q3’2015.

Pre-tax profits however declined by 19.24% from N73 billion in Q3’2014 to N59 billion in Q3’2015.

See Summary of result below..

FBN HOLDINGS Q3 2015 Sep-15 Sep-14 % Change
N’m N’m
Net Interest Income 192,919 176,491 9.31%
Commision Fees & Other Income 51,001 51,221 -0.43%
Operating Expenses -157,257 -151,870 3.55%
Pre-tax profits 59,563 73,749 -19.24%
Profit After Tax 50,217 55,627 -9.73%
Current Share Price  5.75

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