NPF Microfinance posts profit of N236.1 million in Q1 2020, up by 66.8% YoY.

NPF Microfinance Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Net interest income for the period was N994.2 million. (+20.8% YoY)
• Fees and commission income of N160.8 million. (+31.3% YoY)
• Administrative and general expenses of N398.5 million. (+30.9% YoY)
• Personnel expenses of N412.07 million. (+5.3% YoY)
• Profit for the period was N236.1 million. (+66.8% YoY)
• Earnings per share of 10 kobo Vs 6 kobo YoY.

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