First Bank of Nigeria Holdings released its third quarter 2019 financial report for the period ended, September 30, 2019.
The holding company recorded a profit after tax of N51.75 billion, up by 15.26% from N44.9 billion recorded in the third quarter of 2018.
Interest income for the period under review declined by 2.99% to settle at N327.47 billion against the previous close of N337.56 billion the previous year.
Earnings per share grew to N1.44 from the previous earnings per share of N1.25 in the third quarter of 2018.
With reference to the share price of N5.3, the P. E ratio of First Bank Nigeria Holdings stands at 3.68x with earnings yield of 27.17%.