Zenith Bank’s revenue hits N2.13trn in FY 2023, PAT increases by 202.31%

  • Proposes final dividend of N3.50 to shareholders

Zenith Bank Plc has declared a final dividend of N3.50 to its shareholders for the year ended 31 December 2023.

The financial giant reported revenue (Gross Earnings) of N2.13 trillion for the 12 months period, up by 125.45% from N945.55 billion reported in FY 2022.

Profit after tax grew year on year by 202.31% to N676.91 billion from N223.91 billion reported the previous year.

Earnings per share of the Group stands at N21.56.

At the share price of N41.55, the P/E ratio of Zenith Bank stands at 1.93x with earnings yield of 51.89%.

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