Zenith Bank profits rise above N100bn

For the first half of 2021, Zenith Bank Plc posted a profit before tax of N117.06 billion, up 2.67 percent year on year.

The bank’s net interest income climbed by 1.61 percent to N159.94 billion in H1 2021 from N157.41 billion the previous year, according to its audited interim report for the six months ending June 2021.

Zenith’s earnings per share increased to N3.38 in 2020 from N3.30 in the previous year.
The bank’s gross earnings, on the other hand, fell to N345.56 billion in H1 2021 from NN346.09 billion the previous year.

“An interim dividend of 30 kobo 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, subject to appropriate withholding tax,” the bank’s Company Secretary, Michael Otu, said in a statement.

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