Access Bank grows profit by 18%, to pay 25k interim dividend

Access Bank Plc has reported a profit after tax (PAT) of N39.5 billion for its 2017 half year, an increase of 17.5 per cent compared with N33.6 billion last year.
The bank which released its audited half-year financial statements earlier today also announced the payment of 25 kobo per share as interim dividend to its shareholders, for the period ended June 30, 2017.
The bank stated that the closure date for the dividend is Thursday, September 7, 2017, while the payment date is Thursday, September 21, 2017.
The bank grew profit before tax to N52.1 billion compared with N44 billion recorded in the corresponding period of last year, while gross earnings improved 42 per cent to N246.6 million from N174 million in June 2016.
The bank’s earnings per share for the period consequently rose to N1.38 from N1.17 recorded in the same period of 2016.