BUSINESS

FirstBank Share Price Grows By 2.23% With Profit Of N400.2bn

 

Firstbank share price has appreciated by 2.3% to close the week at N11.15, with its market capitalization at N400.2 billion amid sell-offs and buy-interests at the end of the trading week.

NewsBeatng reports that the bank’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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