Access Bank grew Profit after Tax by 44.23% in Third Quarter 2019 Financial Report

Access Bank Plc on Friday, October 25 2019, released its third quarter financial report for the period ended, September 30, 2019.

The financial giant recorded a Profit after Tax of N90.74 billion, up by 44.23% from N62.91 billion recorded in the third quarter of 2018.

Gross Earnings for the period under review grew by 25.62% to settle at N508.5 billion from N404.8 billion gross earnings in the third quarter of 2018.

Earnings per share grew to N2.55 from the previous earnings per share of N1.77 in the third quarter of 2018.

With reference to the share price of N7.10, the P. E ratio of Access Bank stands at 2.78x with earnings yield of 35.95%.

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