The Half Year financial report of NPF Microfinance Bank Plc for the period ended June 30th 2019 reveals that the company soared by 44.7% in Turnover closing at N2.101 billion from the previous close of N1.451 billion in 2018.
The Profit after Tax (PAT), rose by 28.76% to arrive at N506.7 million above N393.5 million recorded in HY’18.
The company grows its shareholders’ Earning Per Share (EPS) by 28.76%, closing at 22 kobo away from 17kobo reported in 2018.
At a reference price of N1.18 the PE Ratio stood at 5.32x with earnings yield of 18.76%.
The bank provides Banking services to both serving and Retired Officers and men of Nigeria Police Force, its ancillary institution and general banking public.