Zenith Bank reports N66bn as profit in Q1 2023

Zenith Bank Plc in the first quarter of 2023 reported Gross Earnings of N269.994 billion. This represents a growth of 40.97% from N191.523 billion reported the previous year.

Profit after tax reported for the 3 months period was N66.012 billion, up by 13.43% from N58.198 billion reported in Q1 2022.

Earnings per share of Zenith Bank stands at N2.10.

At the share price of N22.8, the P/E ratio of Zenith Bank stands at 10.84x with earnings yield of 9.22%

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