Access Bank grows Q1 2021 profit by 28.39%

Access Bank on Thursday published its first quarter report for the period ended 31 March 2021.

The financial giant recorded Gross Earnings of N222.141 billion in Q1 2021, down by 16.02% from N264.513 billion the previous year.

Profit after tax in Q1 2021 grew by 28.39% to N52.547 billion from N40.929 billion reported in Q1 2020.

Earnings per share (EPS) of Access Bank increased to N1.48 from the EPS of N1.15 in Q1 2020.

At the share price of N7.2, the P.E ratio of Access Bank stands at 4.87x with earnings yield of 20.53%.

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