First Bank declares 50 kobo as final dividend to shareholders for 2022 year end

First Bank of Nigeria Holdings has declared a final dividend of 50 kobo to its shareholders for the year ended 31 December 2022.

In the Audited Report released to the market on Friday, 2 of June 2023, the financial institution reported Gross Earnings of N805.128 billion, up by 6.32% from N757.296 billion reported the previous year.

Profit after tax of N136.173 billion was achieved for the 12 months period, down by 9.87% from N151.079 billion reported 2021.

Earnings per share of FBNH stands at N3.79.

At the share price of N14, the P/E ratio of FBNH stands at 3.69x with earnings yield of 27.10%.