Tuesday, May 21, 2024

Tag: EPS

Dashen cuts shareholders’ return by 20 percent

Dashen Bank SC, one of the oldest private banks in Ethiopia, recorded a marginal increase in profit during the 2016/17 report period, while it’s Earnings Per Share (EPS) continues to decline.

Wegagen defies industry trend in EPS

Wegagen Bank SC has managed to reverse the decreasing trend in shareholders’ return, which has been taking a nose dive over the past three successive reporting years, both in the bank and the industry.

Enat robust amid resignation of its chairwoman

While bidding farewell to its founder and chairman of the board of directors, Meaza Ashenafi, Enat Bank has garnered a net profit of 99.7...

Abyssinia boast sold performance

Bank of Abyssinia SC (BoA) last week reported a remarkable performance for the ended budget year. The bank, which is among the seasoned private financial institutions in the country, amassed a net profit after tax amounting to 534 million birr, a 42.6 percent from the preceding year.

Marginal rise in bank profits as EPS decline

Addis International Bank SC reported last week a marginal rise of seven million birr in its after-tax profits while its earnings per share fell.