FBN Holdings Plc recently published its First Quarter Report for the period ended 31 March 2024. The Financial Institution achieved significant growth in its top line and bottom line figures year on year.
The Group achieved Gross Earnings of N825.066 billion for the 3 months period, up by 215.45% from the Gross Earnings of N261.556 billion achieved in Q1 2023.
Profit after tax of N208.113 billion was reported for the 3 months period, up by 315.78% from N50.054 billion reported in Q1 2023.’
With the Shares Outstanding of 35,895,292,792, the earnings per share of FBNH stands at N5.80,
At the share price of N21.10, the P/E ratio of FBN Holdings stands at 3.64x with earnings yield of 27.48%.