Earnings Report

Zenith Bank Builds Nine-2016 Months Earnings By 20.44%- (Hold)

 

Key Ratios

  • Estimated nine months earnings is N3.19 while the yield on the current market price of Zenith Bank is 21.25%
  • Retained earnings remained positive (N224.99 Billion)
  • Total debt to equity is currently estimated at 72.81%; this is above the industry’s average of 48.46%.
  • 84% of the Total Assets is in form of Loan and Advances
  • 09% of the total deposits is out as Loan
  • The bank financial leverage is fair at 6.69x
  • Profit Margin is good at 26.31% slightly above the 24.67% margin recorded in the comparable quarter of 2015
  • See Pdf Doc for details

 

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