The Half Year financial report of FCMB Group Plc for the period ended June 30th 2019 reveals that the group appreciated by 6.98% in Gross Earnings closing at N89.7 billion from the previous close of N83.9 billion in 2018.
The Profit after Tax (PAT) was also up by 31.50% to arrive at N7.5 billion above N5.7 billion recorded in HY’18.
The company grew its shareholders’ Earning Per Share (EPS) by 31.50%, closing at 38kobo away from 29kobo reported in 2018.
At a reference price of N1.65, the financial institution’s PE Ratio stood at 4.34x with earnings yield of 23.04%.