FBN Holdings Earnings climbed 15.7% within six-month 2018

FBNH within the first six-month 2018 generated interest income of about N225billion, reflecting a 3% growth year on year when compared with the N232billion reported last year.

The bank’s post tax profit rose by 15.7% from N28.9 billion in Q2 2017 to N33.5 billion in Q2 2018.

The big elephant consequently grew its shareholders earnings per share also by 15.7% from 81kobo to 93kobo.

Its PE Ratio as at the time of computation stood at 10.3x with an earnings yield of 9.7%

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