FBNHoldings Declares PBT Of N270bn For Nine Months, Up 156%

LAGOS – FBN Holdings Plc. (FBNHoldings ) Profit Before Tax (PBT) grew by 156% to N270 billion while it gross earnings were up by 80.1% year-on-year for the nine months ended Sep­tember 30, 2023 in its unaudited results.

The “Group” Basic EPS computed as profit after tax including discontinued operation divided by weighted average number of shares in issue, while Post-tax return on average equity computed as annualised profit after tax attributable to shareholders divided by the average open­ing and closing balances attributable to equity holders