First Bank of Nigeria Holdings in its unaudited financial report for the period ended, December 31, 2019 reported an Interest Income of N440.62 billion, up by 1.43% away from N434.41 billion recorded in the corresponding period in 2018.
Profit before Tax grew by 12.75% to close at N73.61 billion from the previous close of N65.29 billion.
Profit after Tax was up by 3.93%, closing the year 2019 at N62.09 billion from the previous close of N59.74 billion in 2018.
The Earnings per Share (EPS) of the Holding company stands at N1.73, up by 3.93% from the previous EPS of N1.66.
With reference to the share price of N6.95, the P.E ratio of the Big Elephant stands at 4.02x with earnings yield of 24.89%.