FirstBank, Diamond Bank post fall in half-year profit

Diamond Bank Plc said on Thursday its half year to June pre-tax profit dropped to N16.07 billion ($99.26 million), 8.4 percent lower than the N17.56 billion recorded in the same period last year.

Gross earnings however, rose to 78.72 billion naira from 70.05 billion naira last year.

Firstbank Holdco H1 pre-tax drops to 12 percent

First Bank Holding Company’s half year to June pre-tax profit fell 12 percent to N48.25 billion ($298.21 million), compared with N54.81 billion recorded in the same period last year.

Gross earnings however, climbed to N164.85 billion from 150.73 billion naira last year.