Earnings Report

Zenith Bank Reports Lower Half Year Financial, Announces 25k Interim Div (Hold)

Result Highlight

  • Earning per share for the period is N1.43 against N1.59 estimated last half year.
  • Sustainable growth rate reduced by 21.86%
  • Dividend Yield is 9.16% against 10.63% yield last year
  • Payout Ratio is 17.50%
  • Return on Assets and Equity is estimated at 1.03% and 7.22% respectively.
  • Book Value per share is slightly below our intrinsic value of N22.00 at N19.77

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Earnings Report

Zenith Bank Reports Lower Half Year Financial, Announces 25k Interim Div (Hold)

Result Highlight

  • Earning per share for the period is N1.43 against N1.59 estimated last half year.
  • Sustainable growth rate reduced by 21.86%
  • Dividend Yield is 9.16% against 10.63% yield last year
  • Payout Ratio is 17.50%
  • Return on Assets and Equity is estimated at 1.03% and 7.22% respectively.
  • Book Value per share is slightly below our intrinsic value of N22.00 at N19.77

See Full Report 

Comment here