First Bank declares 50 kobo as final dividend to shareholders for 2022 year end

Date:

June 2, 2023.

Thank you for reading this post, don't forget to subscribe!

Azonuchechi Chukwu.

First Bank of Nigeria Holdings has declared a final dividend of 50 kobo to its shareholders for the year ended 31 December 2022.

In the Audited Report released to the market on Friday, 2 of June 2023, the financial institution reported Gross Earnings of N805.128 billion, up by 6.32% from N757.296 billion reported the previous year.

Profit after tax of N136.173 billion was achieved for the 12 months period, down by 9.87% from N151.079 billion reported 2021.

Earnings per share of FBNH stands at N3.79.

At the share price of N14, the P/E ratio of FBNH stands at 3.69x with earnings yield of 27.10%.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

Share post:

Subscribe

Popular

More like this
Related

Police Inspector Sentenced To Death Over Killing Of Phone Dealer in Delta

June 12, 2024. Azonuchechi Chukwu. An Inspector of the Nigeria Police...

‘I can love five different women at same time’ – Singer Ruger

June 12, 2024. Azonuchechi Chukwu. Nigerian artist Ruger has disclosed that...

UN President: Africa’s Great Green Wall Unlikely to Meet 2030 Restoration Goal

LONDON/DAKAR (Reuters) - Africa's ambitious Great Green Wall initiative,...

Angela Okorie blasts Yvonne Jegede over her recent podcast

June 12, 2024. Azonuchechi Chukwu. Angela Okorie lambasts her colleague, Yvonne...