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Access bank profit drops to ₦80 billion in 2017

Access bank profit drops to ₦80 billion in 2017  %Post Title
Herbert Wigwe Access bank MD

Access Bank today released its financial statements for the year ended December 2017. Gross Earnings increased from ₦381 billion in 2016 to ₦459 billion in 2017. Profit before tax fell from ₦90 billion in 2016 to ₦80 billion in 2017. Profit after tax also dropped from ₦71 billion in 2016 to ₦61 billion in 2017.

 

Access bank profit drops to ₦80 billion in 2017  %Post Title

The bank has declared a final dividend of ₦0.40 per share, bringing total dividend payment for 2017 to ₦0.65.

Here is a copy of the result.

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