EARNINGS ALERT – Friday, April 20, 2018

ZENITH BANK PLC recently released its unaudited Q1 2018 results with EPS of N1.50. Please find attached the full result of ZENITH BANK PLC as released on the NSE and see key highlights below:

  • Gross earnings grew by 14.5% to N169.19bn in Q1 2018.
  • Interest income was up by 20.77% to N142.62bn (N118.09bn in Q1 2017) as the Bank increased its exposure to treasury bills.
  • Impairment loss decreased significantly by 42.01% from N 7.86bn to N4.57bn
  • Profit after Tax grew by 25.55% to N47.08bn in Q1 2018
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