Zenith Bank plc has revealed it's gross earnings of N346 billion for H1 2020. The declaration was included in audited results of the bank presented to NSE.
A 4.4 percent appreciation was indicated in gross earnings, H1 2020 when compared to last year's gross earnings of N332 billion, H1 2019.
Zenith Bank plc recorded growth in it's total deposits from a sum of N4.3 trillion, in December 2019 to N4.9 trillion, in 2020 indicating a 15 per cent appreciation.This was fueled by a rise in retail deposits from N1.1 billion to close at N1.6 billion which indicates a 41 per cent appreciation.
The result disclosed that non-interest income, N110 billion rose by N6 billion to close at N116 billion. Also earnings per share rose by 17 per cent from N2.83, H1 2019 to N3.30, H1 2020.
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