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

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

UBA

K

Shares in Nigeria. Very wrong way to invest.

Yawa go Gas

Another reason to not invest in banking shares

No love for banks.... They take from the poor and give to the rich, When they get burned they receive bailouts from taxpayers.

Eya, and I think they are seriously improving

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!

Make they marge with oda banks nah

No wonder, they want to focus more on mobile banking... I pray they recover quickly

okay









Meanwhile do u want to know how u can enlarge your joystick and stop premature ejac?? Check my profile/signature

No wonder, they want to focus more on mobile banking... I pray they recover quickly.

Access Bank all the way. The bst upcoming bank in Africa

.

hmmm

Bad!

.ohh

where an illiterate is a president,finance and economic minister.

Giant of Africa falling.
God save ur people
MOVING FROM GOODLUCK TO BADLUCK.

sashx:
Access Bank all the way. The bst upcoming bank in Africa

Hmm...Not everything that glitters is gold...

Heiya ndo

No wonder online bank Transfer cost has risen by 66.6% over night. >:

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

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

Too bad. They were supposed to be one of the better banks.

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.

@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!?