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Zenith Bank Profits Surge 16% to N103bn, Declares N0.30 Dividend

Zenith Bank

Zenith Bank Hq Building, Lagos

Zenith Bank Profits Surge 16% to N103bn, Declares N0.30 Dividend

Zenith Bank profits surged by 16 percent to N103 billion in the Half Year (H1) 2020 period, according to data released by the bank on the Nigerian Stock Exchange (NSE).

Gross Revenues for the period increased to N346 billion, up by 4.3 percent from N331.5 billion in the H1, 2019 period.

Earnings per share rose 16 percent to N3.30, from N2.83 in the earlier period.

Zenith Bank declared an interim dividend of N0.30 per share, the same level as in 2019.

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