FBN Holdings Profit decline by 39% to N15.6 billion in Q1 2021

FBN Holdings Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Net interest income after impairment charge was N39.62 billion. (-21.6% YoY)
• Net fee and commission income of N28.43 billion. (+36.8% YoY)
• Operating expenses of N42.02 billion. (+0.2% YoY)
• Profit for the period was N15.6 billion. (-39.3% YoY)
• Earnings per share from continuing operations of 43 kobo Vs 64 kobo YoY.

See link to results.