Ecobank Transnational Incorporated Plc, in its 2019 Half Year financial results submitted to the Nigeria Stock Exchange on the 26th July, 2019 showed that the Financial Institution filed a growth of 5.36% Topline figures from N384 billion of HY’18 to the current period’s N405 billion in 2019.
The company’s financial results also disclosed an upsurge of 15.40% in Profit After Tax from N51.5 billion recorded in the same period the previous year to N59.4 billion in the current period under review.
The earnings per share grew by over 15% from N2.81 recorded in 2018 to N3.24 in the current period, while the current period’s PE Ratio as computed stands at 2.78x and the earnings yield at 36.02%.