Nigeria’s Access Bank posts FY group pre-tax profit of 90.34 bln naira

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Nigeria’s Access Bank Plc has recorded FY ended Dec 2016 profit before tax of 90.34 billion naira versus 75.04 billion naira year ago

* FY gross earnings of 381.32 billion naira versus 337.41 billion naira year ago

* Says board proposed final dividend of 40 kobo each payable to shareholders on register of shareholding at closure date.

Audited Financial Statement For The Year Ended December 31st 2016 

31-Dec-16 31-Dec-15
N’000 N’000

Gross Earnings: “381,320,783” “337,404,230”
Profit Before Tax: “90,339,457” “75,038,117”

Taxation: “-18,900,109” “-9,169,344”
Profit After Tax: “71,439,348” “65,868,773”

Earnings Per Share (K) 250 265

Interim Dividend 25k 25k
Final Dividend 40k 30k
Total Dividend 65k 55k

 

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