By
Fri May 07 2021
Jaiz Bank Plc has recorded N979.17 million in the first three months of this year, its financial result for the first quarter ended 31 March 2021 released to the Nigerian Stock Exchange, has shown.
The result shows that the Bank’s gross revenue increased by 43 percent from N4.18 billion recorded in the same period in 2020 to N5.99bn this year.
Its Profit Before Tax (PBT) rose by 54% to N979.17m from N636.69m in Q1 of 2020.
According to the bank, the consistent earnings result is obviously reassuring to all stakeholders and the investing public that it will brace the tape strongly at the end of the current financial year in December 2021.