Zenith Bank Plc reports N620.57bn Gross Earnings, PAT rises by 8.55% in Q3 2022

Zenith Bank Plc on Thursday published its Third Quarter report for the period ended 30 September 2022.

Gross Earnings of N620.574 billion was reported by the Financial Institution for the 9 months period, up by 19.65% from N518.673 billion reported the previous year.

Profit after tax grew year on year by 8.55% to N174.331 billion from N160.594 billion reported in Q3 2021.

Earnings per share of Zenith Bank for the period under review stands at N5.55, up by 8.55% from the EPS of N5.12 achieved the previous year.

At the share price of N20.1, the P/E ratio of Zenith Bank stands at 3.62x with earnings yield of 27.63%.

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