Zenith Bank Plc has reported N117.06bn Profit Before Tax in the first half of 2021.
Gatekeepers News reports that the N117.06bn indicates an increase of 2.67 percent year on year, according to the Bank’s audited interim report for the six months ended June 2021.
Zenith Bank’s net interest income grew by 1.61 percent to N159.94bn in H1 2021 from N157.41bn in the same period of last year.
The reports noted that the Bank’s earnings per share increased to N3.38 from N3.30 in the corresponding period of 2020.
The bank’s gross earnings, however, decreased to N345.56bn in H1 2021 from NN346.09bn in the same period the previous year.
“An interim dividend of 30 kobo for every share of N50k subject to appropriate withholding tax will be paid to shareholders whose names appear in the register of members as at the close of business on the 10th day of September, 2021,” the bank’s Company Secretary, Michael Otu, said in a statement.