Zenith Bank posts profit after tax of N53.06 billion in Q1 2021, as earnings per share prints N1.7

Zenith Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Net interest income after impairment charge was N79.3 billion. (+2.3% YoY)
  • Net fee and commission income of N31.4 billion. (+103.5% YoY)
  • Operating expenses of N44.25 billion. (+10.1% YoY)
  • Customers deposit totalled N5.7 trillion. (+27.2% YoY)
  • Profit after tax was N53.06 billion. (+5.01% YoY)
  • Earnings per share printed N1.7 Vs N1.6 YoY.

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