2020 FY: Zenith Bank post N230.6 billion profit after tax

Zenith Bank Plc released its full year 2020 audited results showing Net Interest Income of N299.7 billion up by 12.23% from the N267.03 billion recorded a year earlier. 

  • Net interest income after adjusting for loan impairments increased to N260.15 billion from N243 billion. (+7.1%YoY) 
  • Profit before tax was N255.9 billion, compared to N243.3 billion recorded in 2019. (+5.2%YoY) 
  • Earnings per share for the period under review is N7.34 from N6.65. (+10.4%YoY) 
  • final dividend of N2.70 was declared for every share of 50k each 
  • The company’s share price of N26, up +4.8% YTD. 

See link to results. 

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