Skye Bank Declares N0.50k Dividend On N12.6 billion Earnings
The management of Skye Bank Plc transmitted their 2012 audited financial statements to the Nigerian Stock Exchange today.
The Akin Adesola headquartered bank reported gross earnings of N127 billion, a growth of 25% from the N102 billion reported in 2011.
Profit before tax was reported at N16.5 billion, up a whopping 481% from N2.8 billion it reported in 2011.
Net Income arrived at N12.6 billion, up 692% from the N1.6 billion reported in 2011.
The company’s loan book grew 11% to N540 billion, from N487 billion in the preceding financial year.
The management of the company has proposed a dividend of 50 kobo which is to be paid on the 24th of May.
Related Posts
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
-
Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
-
NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
