NPF Microfinance Bank reports N5.78bn as turnover in Q4 2021

NPF Microfinance Bank on Tuesday published its Fourth Quarter report for the 12 year ended 31, December 2021.

The report shows year on year growth in the company’s top line and bottom line figures.

A turnover of N5.781 billion was reported for the 12 months period, up by 24.09% from N4.659 billion reported the previous year.

Profit after tax grew by 52.30% to N935.787 million from N614.417 million reported the previous year.

Earnings per share of the company stands at 41 kobo from the EPS of 27 kobo. This translates to 52.30% growth, year on year.

At the share price of N1.95, the P/E ratio of NPF Microfinance Bank stands at 4.76x with earnings yield of 20.99%.

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