Jaiz Bank Plc reports N23.48bn profit in FY 2024

Jaiz Bank Plc recently published its Annual Financial Report for the year ended 31 December 2024. The result shows growth in the Company’s top line and bottom line figures, year on year.

The Financial Institution reported Gross Earnings of N82.87 billion for the 12 months period, up by 86.52% from N44.43 billion reported the previous year.

Profit after tax of N23.48 billion was achieved for the 12 months period, up by 108.99% from N11.24 billion reported the previous year.

Earnings per share of Jaiz Bank stands at N0.66.

At the share price of N3.12, the P/E ratio of Jaiz Bank stands at 4.73x with earnings yield of 21.15%.

Leave a Reply

Your email address will not be published. Required fields are marked *