Zenith Bank's management has demonstrated consistency in creating value for stakeholders as its interim dividend policy that started last year is gradually coming to stay, helped once more by half year numbers supporting payment. This is just as it continues to meet the Nigerian Stock Exchange's post listing requirement, thereby boosting its corporate governance status, as report were made available ahead of deadline to the investing community and earlier than in the corresponding period of 2015. The bank's multi-year track record of outstanding profit level in its industry has continued, despite setback recorded in the recent financials, because it did not factor in the revaluation gain from the over 40% Naira devaluation. Its half year result for the period ended June 30, 2016 were mixed as revealed by the profitability and efficiency ratios. In absolute numbers, Gross Earnings remained robust, despite the slight decline of 6.2% fromN229.08 ...
