Access Bank Reports 12.7% Rise in Profit After Tax to ₦106Bn, Proposes 55K Dividend

Must Read

- Advertisement -

Access Bank Plc released its 2020 Audited results for the period ended December 31st, 2020.

  • Gross Earnings grew by 14.7% to N765bn from N667bn in the previous quarter.
  • Profit before tax grew by 12.5% to N126bn.
  • Profit after tax grew by 12.7% to N106bn.
  • Net Assets grew by 23.8% from N607bn to N751bn.

Proposed dividend

The Board of Director has recommended a Final Dividend of 55 Kobo (FY2019: 40Kobo) per ordinary share of 50 kobo for the year payable to shareholders on the register of shareholding at the closure date. Withholding Tax will be deducted at the time of payment.

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read Also:  Soyinka And Nigeria’s Dinner With The Devil - Reuben Abati

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Visa Currencycloud

Visa to Acquire London fintech Currencycloud for £700M

07/22/2021 - Visa today announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintech to provide...
- Advertisement -
spot_imgspot_img

Latest News

Visa to Acquire London fintech Currencycloud for £700M

07/22/2021 - Visa today announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img