BUSINESS

First Bank Share Price Increases By 0.93%

 

FirstBank of Nigeria Plc’s share price has appreciated by 0.93% to closed at N10.90 at the close of the week compared to last week’s closing price of N10.80

NewsBeatng reports that the market capitalization of the bank increased by N3.59 billion to close at N391 billion amid sell-offs and buy-interests at the end of the trading week.

FBNH Plc’s earnings report for the 9-month ended 30th September 2022 showed that interest income grew by 45.3% Y-o-Y to N144 billion from N99 billion recorded in the same period of 2021.

Similarly, profit after tax grew by 1155% Y-o-Y to N34 billion during the period under review, from N2.7 billion.

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