BUSINESS

Access Bank Closes The Week At N8.7 As Share Price Increases By 6.1%

 

Access Bank’s share price has appreciated by 6.1% to close the week at N8.7 and the market capitalization gained N17.77 billion to stand at N309.24 billion.

NewsBeatng reports that the bank released its Q1 2022 financial result which revealed a profit of N57.40 billion in Q1 2021, reflecting a 9.23% increase.

In the financial result, it was revealed that Net interest income declined by 7.03% from N93.96 billion to N87.36 billion in the current period.

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