Access Bank makes record HY 2017 Earnings, declares interim dividend

Access Bank, one of Nigeria’s top 5 commercial banks had gross earnings of N246 billion according to its HY 2017 results released yesterday to the Nigerian Stock Exchange. An increase from the N174 billion declared for the corresponding period in 2016. The bank also declared an interim dividend of 25 kobo per share.

Here is a highlight of the result:

                                        N                        N
                                       2016                    2017 

Gross Earnings                                            174,011,869                                    246,575,403
Profit Before Tax                                           43,993,069                                      52,048,768
Earnings Per Share (kobo)                                 117 kobo                                     138 kobo
Interim Dividend                                                  25 kobo                                       25 kobo

Access Bank is currently trading at N10 as at 11.15am in today’s session on the Nigerian Stock Exchange (NSE).