Zenith Bank (NSA:ZENITH) Net Interest Income (for Banks) : ₦925,378 Mil (As of Mar. 2024)

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What is Zenith Bank Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Zenith Bank's net interest income for the three months ended in Mar. 2024 was ₦307,271 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was ₦925,378 Mil.

Zenith Bank's quarterly net interest income increased from Sep. 2023 (₦155,383 Mil) to Dec. 2023 (₦321,608 Mil) but then declined from Dec. 2023 (₦321,608 Mil) to Mar. 2024 (₦307,271 Mil).

Zenith Bank's annual net interest income increased from Dec. 2021 (₦321,468 Mil) to Dec. 2022 (₦367,032 Mil) and increased from Dec. 2022 (₦367,032 Mil) to Dec. 2023 (₦739,772 Mil).

Zenith Bank Net Interest Income (for Banks) Historical Data

The historical data trend for Zenith Bank's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zenith Bank Net Interest Income (for Banks) Chart

Zenith Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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271,378.00

302,550.00

321,468.00

367,032.00

739,772.00

Zenith Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															121,665.00	141,116.00	155,383.00	321,608.00	307,271.00

Zenith Bank Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦925,378 Mil.

Zenith Bank (NSA:ZENITH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zenith Bank PLC (NSA:ZENITH) » Definitions » Net Interest Income (for Banks)

Traded in Other Exchanges

N/A

Address

Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA

Website

https://www.zenithbank.com

Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.

Zenith Bank (NSA:ZENITH) Headlines

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