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Nairaland Forum / Nairaland / General / Investment / Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 (15450 Views)
Stock Market Shareholders Lose N1.15trn In Q1 / Feb 2016 Fixed Deposit Rates: GTB, Diamond, Firstbank, Stanbic, Sterling, Wema / Stock Market Shareholders Lose N108billion To Forex Suspension (2) (3) (4)
Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Adesiji77: 11:29am On Jul 25, 2015 |
Diamond Bank Plc released its 2015 half year results showing earnings per share dropped year on year by 45% to N0.52 (2015 H1: N0.95) The Bank in its second quarter result posted Net Interest Income of N29.7billion 3.2% higher than the N28.8 billion it posted in the first quarter of the year. However, the bank saw income from commissions and fees rise 14% to N9.5billion. Things however went south for the bank after it posted an operating expense of N27 billion (N24.1billion). Diamond Bank also continued to take in impairment charges recording another N6.5billion this quarter alone. Most of its provisions have come from bad overdraft loans The Bank has now provided for a cumulative loan loss of N65billion since Q1 2013. We also noted that the bank’s deposits dropped significantly by 9% to N1.4trillion Also of note was the fact that the bank lent about 18.7% of its Loans and Advances to other banks. http://nairametrics.com/diamond-bank-stuns-shareholders-with-worst-quarterly-result-since-2012/ lalasticlala, Ishilove, davide470 2 Likes 2 Shares |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by libertyfather(m): 11:36am On Jul 25, 2015 |
No wonder they told me ATM is automatic and I dint request for it, up till date no text has been sent to me to come for my ATM, all important to them is my 1050 naira they want to deduct.....shame on them 7 Likes 1 Share |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Diesel1(m): 11:44am On Jul 25, 2015 |
UBA 2 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Nobody: 11:44am On Jul 25, 2015 |
K |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Afrocatalyst: 11:45am On Jul 25, 2015 |
Shares in Nigeria. Very wrong way to invest. 5 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Oscar4real(m): 11:45am On Jul 25, 2015 |
Yawa go Gas ![]() 1 Like |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by mebad(m): 11:45am On Jul 25, 2015 |
Another reason to not invest in banking shares 1 Like |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by gunther6(m): 11:45am On Jul 25, 2015 |
No love for banks.... They take from the poor and give to the rich, When they get burned they receive bailouts from taxpayers. 8 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by aiyeboy(m): 11:45am On Jul 25, 2015 |
Eya, and I think they are seriously improving |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Neduzze5(m): 11:45am On Jul 25, 2015 |
Lolz.... Very funny adjective used @ "stuns"!! I thought stuns was normally usually used for positive results. As for the topic, I think the reason was because I did not later pay in the 600 billion naira I wanted to pay in last three weeks ago! 7 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by mrofficial(m): 11:45am On Jul 25, 2015 |
Bad! And I love the bank. Especially the idea of Xclusive lounge for Xclusive customers. 3 Likes |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by djakinwande(m): 11:46am On Jul 25, 2015 |
Make they marge with oda banks nah 3 Likes 1 Share |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by gungab(m): 11:46am On Jul 25, 2015 |
No wonder, they want to focus more on mobile banking... I pray they recover quickly 1 Like |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by joystickextendr: 11:46am On Jul 25, 2015 |
okay Meanwhile do u want to know how u can enlarge your joystick and stop premature ejac?? Check my profile/signature |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by gungab(m): 11:47am On Jul 25, 2015 |
No wonder, they want to focus more on mobile banking... I pray they recover quickly. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by sashx(m): 11:49am On Jul 25, 2015 |
Access Bank all the way. The bst upcoming bank in Africa 1 Like |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by HDee(m): 11:49am On Jul 25, 2015 |
. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Nobody: 11:49am On Jul 25, 2015 |
hmmm |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Opinedecandid(m): 11:49am On Jul 25, 2015 |
Bad! |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by HDee(m): 11:49am On Jul 25, 2015 |
.ohh |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Nobody: 11:50am On Jul 25, 2015 |
where an illiterate is a president,finance and economic minister. Giant of Africa falling. God save ur people MOVING FROM GOODLUCK TO BADLUCK. 5 Likes 1 Share |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Adesiji77: 11:51am On Jul 25, 2015 |
sashx: Hmm...Not everything that glitters is gold... ![]() 3 Likes 1 Share |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by zonax(m): 11:51am On Jul 25, 2015 |
Heiya ndo |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by stelaar(m): 11:51am On Jul 25, 2015 |
No wonder online bank Transfer cost has risen by 66.6% over night. >: |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by Demmocrats(m): 11:52am On Jul 25, 2015 |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by bigx(m): 11:53am On Jul 25, 2015 |
No wonder they were hoarding paper to print a simple form when I was there recently. Running a huge business in Nigeria though is not beans 1 Like |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by kingdavid333(m): 11:54am On Jul 25, 2015 |
Neva even liked dat bank 4 once... I will always prefer :Eco; Access; Fidelity as a student nd UBA;Zenith nd First bank as a worker.... my opinion doh 1 Like |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by bjtinz: 11:54am On Jul 25, 2015 |
Too bad. They were supposed to be one of the better banks. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by francizy(m): 11:57am On Jul 25, 2015 |
Buhari, you seeds are bearing fruits in form of economic disaster! Imagine just about 50something days in office and many companies are already crying of reduced profits and losses. Yet this man doesn't want to appoint ministers. What a shame. |
Re: Diamond Bank Stuns Shareholders With Worst Quarterly Result Since 2012 by davide470(m): 11:59am On Jul 25, 2015 |
@Adesiji77, Non Interest income (FX) be saving banks since 1776. Lol. Stanbic too saw a decline QoQ Only FBN gave us something good. Abeg, when was this released!? |
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