Earnings Report /
Nigeria

Zenith Bank: Q2 21 – Retail banking drive remains in full force

  • Zenith Bank's Q2 net attributable profit remained flat yoy, as higher operating costs and taxes weighed on profitability

  • The group recorded strong volumes across its digital banking solutions and has increased its number of banking agents

  • We have a Buy recommendation on Zenith Bank based on its high dividend yield, robust capital and liquidity ratios

Busola Jeje
Busola Jeje

Junior Research Analyst

Tellimer Research
9 September 2021
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