NPF Microfinance Bank published its Second Quarter report for the period ended 30 June 2023.
The financial institution reported Gross Earnings of N4.586 billion for the 6 months period, up by 49.39% from N3.07 billion reported the previous year.
Profit after tax grew year on year by 135.37% to N1.047 billion from N444.853 million reported in H1 2022.
Earnings per share of the Company stands at 17 kobo.
At the share price of N1.9, the P/E ratio of NPF Microfinance Bank stands at 10.87x with earnings yield of 9.20%.