BUSINESS

FirstBank’s Profit After Tax Grows By 107.63% As Share Price Increases

 

 

FBNH’s share price appreciated by 1.50% to close the week at N10.15, with its market capitalization at N364.34 billion at the end of the week. Amid sell-offs and buy-interests, at the end of the trading week.

FBNH Plc’s Q1 2022 result showed that Interest Income grew by 39.67% Y-o-Y to N109.45 billion, from N78.36 billion recorded in the same period of 2021.

Similarly, Profit after tax grew significantly by 107.63% Y-o-Y to N32.44 billion during the period under review.

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