Q1 2018 profit: Access Bank Plc records ₦22.1 billion

Access Bank Plc today released its financial statements for the period ended Q1 March 31st 2018.

Here are the key highlights of the results;

Revenue

The bank reported Net Interest Income of ₦44.7 billion for the period ended March 2018 compared to ₦42.7 billion reported for the period ended March 2017. This represents a 5% increase for the comparative period in 2017.

Profit Before Tax

Profit before tax for the company was ₦27.4 billion for the period ended March 2018, a 1% decrease from the ₦27.6 billion reported for the period ended March 2017.

Profit After tax

Access Bank profit after tax for the period ended March 2018 was ₦22.1 billion compared to ₦22.4 billion reported March 2017. This represented a 1% decrease for the comparative period in 2017.

Earnings Per Share

Access Bank also reported earnings per share of 77 kobo for the period ended March 2018 compared to 79 kobo reported for the period ended March 2017. This represents a 3% decrease for the comparative period in 2017.

DOWNLOAD ACCESS BANK PLC Q1 2018 RESULTS