Access Bank posts N34.9b net profit for the Q3 2021

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Access Bank Plc has released its Q3 unaudited financial statement for the period ended 30th of September, 2021.

  • Interest income during the period was N151.18 billion. (+17.59% YoY)
  • Interest expense for the period was N83.52 billion. (+42.78% YoY)
  • Net interest income for the period was N67.66 billion
  • Net Fee and commission income during the period was N30.26 billion. (-3.17% YoY)
  • Other operating income of N8.02 billion was recorded.
  • Profit before tax was reported as N37.58 billion. (-4.89% YoY)
  • Profit after tax for the period was N34.95 billion. (-9.11% YoY)
  • Total assets during the period was N10.37 trillion. (+1.69trn YtD)
  • Earnings per share of 98 kobo Vs 116 kobo.

Read the full report here:

https://doclib.ngxgroup.com/Financial_NewsDocs/34452_ACCESS_BANK_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_.pdf

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