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Zenith Bank Plc has gained N6.28 billion w-o-w after its market capitalization appreciated to N626.36 billion from N620.08 billion at the end of the week.
This depreciation can be attributed to the 1.01% growth in its share price, from N19.75 traded at the end of last week, to N19.95 at the end of this week.
Freedom Post reports that Zenith Bank’s H1 2022 financial result for the period ended March revealed that Interest income for the period grew by 18.5% to N242 billion from N203.93 billion in the corresponding period of 2021.
However, post-tax profit for the period reported a growth of 5% from N106.12 billion in 2021 to N111.41 billion in the current period.
