Zenith Bank’s profit after tax hits N193 billion in FY 2018

Tier one lender Zenith Bank Plc has released its audited results for the 2018 financial year. Here are highlights of the result.

Gross Earnings

Gross Earnings dipped from N745 billion in 2017 to N630 billion in 2018.

Profit Before Tax

Profit before tax, however, rose from N199 billion in 2017 to N231 billion in 2018.

Profit After Tax

Profit After Tax also rose from N173 billion in 2017 to N193 billion in 2018.

Earnings Per Share

Earnings per share also rose from N5.53 in 2017 to N6.15 in 2018.

Dividend Per Share

The bank has declared a final dividend of N2.50 per share.

Current Share Price

Zenith Bank is currently trading at N24.75 in today’s trading session, up 3.13%

DOWNLOAD ZENITH BANK FY 2018 RESULTS