NPF Microfinance Bank reports a profit after tax of N614.42 million in FY 2020.

NPF Microfinance Bank Plc released its full-year audited results for the year ended 31st December, 2020.

• Gross Earnings for the year was N4.66 billion. (+4.7% YoY)
• Net interest income of N3.7 billion. (+27% YoY)
• Personnel expenses totalled N1.99 billion. (+9.2% YoY)
• Profit for the year was N614.42 million. (-22.9% YoY)
• Earnings per share of 27 kobo vs 35 kobo YoY.
• A dividend of 20kobo was proposed by the Board.

See link to results.