Zenith Bank records strong growth in profitability in 2020
ZENITH BANK has released audited 2020FY numbers , which showed that the bank recorded strong earnings growth over the prior year. This performance belies the challenging operating environment brought on by the pandemic, as the bank recorded strong growth in profitability. On the EPS of NGN7.34 (+10.4% vs 2019FY), the board has proposed a final dividend of NGN2.70/s (2019FY: NGN2.50/s), which equates to a yield of 10.4% based on the closing price of NGN26.00/s as of the 23rd of February 2021
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