Zenith Bank Plc released its audited half year financial report today, August 19 2019. The financial giant grew its topline figure by 2.91% with Gross Earnings of N331.6 billion against the previous Gross Earnings of N322.2 billion in Half Year 2018.
Profit before tax closed at 111.68 billion, up by 4.02%, when compared to its previous close of N107.36 billion in half year 2018.
Profit after tax closed at 88.88 billion, up by 8.74%, when compared to its previous close of N81.74 billion in half year 2018.
Zenith Bank proposes 30 kobo interim dividend to its shareholders, which will be paid on September 2, 2019.
Earnings per share for the period under review grew to N2.83, up by 8.85% from the previous earnings per share of N2.60
With reference to the share price of N16.25, P.E ratio of Zenith Bank stands at stands at 5.74x with earnings yield of 17.42%.