Access Bank Plc on Friday, 6th of March 2020 released its audited report for the period ended 31 December, 2019.
The financial giant reported a gross earnings of N666.75 billion, up by 26.1% when compared to the gross earnings of N528.74 billion in 2018.
Profit before tax inched up by 11.81% to settle at N115.38 billion from N103 19 billion reported in 2018.
Profit after tax grew to N97.5 billion from N94.98 billion reported in 2018, indicating a growth of 2.66%.
The earnings per share of Access Bank for the period under review stands at N2.74, up by 2.66% from the EPS of N2.67 in 2018.
With reference to the share price of N8.5, the P.E ratio of Access Bank stands at 3.10x with earnings yield of 32.24%.
Access Bank proposed a final dividend of 40 kobo to its shareholders, subject to appropriate witholding tax. Relative to current share price of N8.50, dividend yield of Access Bank stands at 4.71%.
Qualification date for dividend is April 14, 2020.
Closure of register is April 15, 2020; and payment date is April 30, 2020.