Home Business Zenith Bank FY Reports: Pre-tax profit appreciates by N31bn

Zenith Bank FY Reports: Pre-tax profit appreciates by N31bn

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Zenith Bank Plc, one of the leading banks in Nigeria released its Full Year 2016 results ended  December 31st  today. The result is far better than what the lender posted last year. The Pre-tax profit of the bank for 2016 stood at N156.75bn against N125.62 Bn which it recorded in 2015. This shows an increase of N31bn.

The Gross earnings also moved up by N66bn from N432bn which it recorded in 2015 to N508bn in 2016 an increase of N66bn. However, The bank is proposing a dividend of N1.77k per share for its shareholders.

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