Profit Before Tax. select: Account number is required.Enter a valid Account number. On the topline, according to the results, the gross earnings increased to N509.0 billion from N491.3 billion, with the Nigerian operations contributing N441.6 billion to the figures, higher than the N425.8 billion last year. The publications of the books are expected to show the exact health of the banks. Login. Zenith’s FY 2018 PBT of N231.7bn, up 16% y/y, beat consensus estimate of N217.4bn. This performance demonstrates the Group’s resilience against the backdrop of a challenging macro-economic environment brought about by the Coronavirus (COVID-19) pandemic. Close | | NGN . This performance demonstrates the Group’s resilience against the backdrop of a challenging macro-economic environment brought about by the Coronavirus (COVID-19) … Tier one lender Zenith Bank Plc has released its audited results for the 2018 financial year. The bank also proposed a final dividend of N2.50 (vs. our N2.48 estimate) which implies a very attractive dividend yield of c.10%. View All Result . Profit before tax: Zenith Bank’s BBT for the period under review stood at N243.3 billion, indicating a 5.0% increase when compared to N231.7 billion that was recorded in FY 2018. Zenith Bank 15 month Results Zenith Bank became the first quoted Nigerian bank to publish its December 2009 results, by announcing its audited results for the 15 month period ended December 31, 2009. The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year ended December 31, The growth was driven by non-interest income which grew by 11% to ₦173 billion from ₦157 billion recorded at the end of Q3 2019, reflecting the Group’s increasingly diversified business model. Zenith Bank Plc, Nigeria’s leading tier 1 lender and biggest in Balance Sheet size has released it financial statement for first quarter ended March 2020. According to the unaudited account which was presented to the Nigerian Stock Exchange (NSE), gross earnings were up 4% year-on-year (y-o-y) to ₦509 billion, driven by non-interest income which increased to ₦173 billion from ₦157 billion recorded at the end of Q3 2019, reflecting the Group’s increasingly diversified business model. At Zenith Bank, we view ourselves as your financial partner, that is why we are willing to go the extra mile to ensure you have complete confidence and peace of mind in your Internet Banking experience with us. Write CSS OR LESS and hit save. Please i need help on the kind of stuffs to expect such as questions, answers, ideal dress code and manner of composure, please your experience could save a brother from flopping . Zenith Bank has released its audited half-year result for the period ending June 30, 2015, with the results showing gross earnings rising by 24 per cent from N184.4 billion in June 2014 to N229.08 billion. In generalNever respond to an email that asks for your login or personal security details. Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2020 with with a Profit Before Tax (PBT) of N177 billion, representing a 1% growth over the ₦176 billion posted in the same period in the previous year. Zenith Bank Plc has continued to demonstrate resilience and industry leadership. Please enter a valid value. Its secure and user friendly digital experience on Mobile Banking, Internet Banking and Corporate Internet Banking makes it the preferred Bank for Retail Banking, Personal Banking, SMEs, Corporate Banking, Investment Banking. SHARES. Profit before tax, however, rose from N199 billion in … Zenith Bank Group Q3 2014 Results – Press Release Zenith Bank PLC Q3. Zenith post 6% YonY growth in Q3 2020 profit to N159.3bn on impressive top and bottom-line growth. Gross Earnings. The Board of Directors of Zenith Bank Plc has announced that the company would observe a close period of trading from Monday, October 14, 2019, until 24 hours after the unaudited financial results for the third quarter ended September 30, 2019, are released to the public.. Also, the profit after tax increased to N159.3 billion from N150.7 billion, while the … Revenue from the branches of the financial institution in other African countries contributed N53.9 billion, higher than N53.0 billion in 2019, while Europe accounted for N17.8 billion, lower than N18.0 billion a year ago. in Sports. In terms of asset quality, the Group’s Non-Performing Loan (NPL) ratio improved to 4.80% (FYE 2019: 4.95%), despite growing loans and advances by 17 % from ₦2.5 trillion as at December 2019 to ₦2.9 trillion at the end of Q3 2020, affirming the Group’s prudent credit risk management. Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2020 with gross earnings rising by 4% to N 509 billion from N 491 billion posted in the same period in the previous year. INTERNET BANKING. Gross Earnings dipped from N745 billion in 2017 to N630 billion in 2018. “Users who do not have an account with the Bank are not left out. 2021: Zenith Bank plots big for 2021 sports. FORGOT PASSWORD. Here are highlights of the result. In recognition of its track record of excellent performance, Zenith Bank was voted as the Best Commercial Bank in Nigeria 2019 by the World Finance and the Best Digital Bank in Nigeria 2019 by Agusto and Co. Thanks mines on the same day too. The results released on the floors of the Nigerian Stock Exchange … The Bank was also recognised as Bank of the Year and Best in Retail Banking at the 2019 BusinessDay Banks and Other Financial Institutions (BOFI) Awards. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng, Powered By: Business Post Integrated | Copyright 2020, Naira Loses Stability Against Dollar at Black Market, Trades N475/$, Concerns Over Crude Oil Demand Pull Down Prices, Nigerian Stocks Tumble by 0.24% as Market Sentiment Wanes, Infinix Introduces HOT 10 Play into Nigerian Market, Google Threatens Australia Over Payments for News Contents, Seplat Wins Appeal to Unseal Headquarters, Pays N7.6bn Bond, DPR Urges Stakeholders to Embrace FG’s Digitalisation Policy, Why We Must Sell National Assets—Finance Minister, NEC Okays May & Baker, FG’s Move to Produce COVID-19 Vaccine, NSE Helps Investors Recover N305m Shares, Get N17m Compensation, COVID-19 Second Wave: Social Distancing and the Place of e-Commerce, JCI Ibadan to Plant 11,000 Trees Via Go-Green Afforestation Project, Ganduje Orders LG Chairmen to Constitute COVID-19 Committees, DisCos Get N14.4bn Loan for 263,860 Prepaid Meters. The deposits from customers, according to the financials of Zenith Bank, increased year-to-date to N5.2 trillion from N4.0 trillion in December 2019. The Arewa Consultative Forum (ACF) has warned that recent attacks on a Fulani community in the Southwest may destabilize the country. Profit after tax: Profit for the year increased by 7.9% to N208.8 billion, up from N193.4 billion in 2018. Above the tax line, the y/y growth trend slowed markedly. From the result, Zenith Bank increased its gross earnings to N346.1 billion from N331.6 billion as interest income rose to N217.0 billion from N214.6 billion, while its Profit After Tax (PAT) grew by 16.8% to N103.8bn from N88.9 billion in the previous quarter, despite the COVID-19 pandemic and lockdown. Total deposits closed at ₦5.2 trillion at the end of Q3 2020 up from ₦4.3 trillion in December 2019, dominated by low-cost deposits. Zenith Bank Plc has announced result for the year ended December 31, 2019, with profit after tax of N208.8 billion, achieving the feat as the first Nigerian bank to cross the N200 billion mark. Zenith Bank was the leading Nigerian bank in the Q3 bankers report with COVID-19 defying Profit Before Tax (PBT). Never respond to an email that asks for your login or personal security details. Zenith bank Plc, Nigeria’s tier 1 lender has announced its board approval of its half year 2020 audited financial statement and the decision of the bank to pay interim dividend for financial year 2020. CardinalStone Research Zenith Bank Plc (ZENITHBANK: TP 28.14 – BUY) has reported an 8.1% YoY increase in EPS to N6.65 for FY’19 (audited), largely supported by a 29.0% YoY growth in non-interest revenue (NIR). N193.4 billion in the corresponding period last year Bank has released its Results for the 9 months September! Post 15 % YonY drop in Q3 2020 up from ₦4.3 trillion December! 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