Zenith Bank 9-month pretax profit rises 8.4 percent

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Zenith Bank said on Monday its 9-month pretax profit rose 8.39 percent to N86.81 billion ($527.72 million) compared with N80.09 billion a year earlier.

Revenue also rose to N273.73 billion in the nine months to Sept. 30, from N255.29 billion in the same period last year, the bank said in a filing with the Nigerian Stock Exchange.

Zenith Bank’s stock was trading at N22.67 per share at 1241GM on Monday, up just 0.04 percent.

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