|Group Managing Director, Diamond Bank PLC, Dr. Alex Otti|
Diamond Bank Plc has declared a Profit Before Tax (PBT) of N32.1 billion for its financial year ended December 31, 2013. This performance represents a sustainable growth in profitability over the past 2 years.
The Bank’s PBT was achieved from gross earnings of N181.2 billion, an increase of 27 percent over N143.0 billion earned in the previous year. The Profit After Tax (PAT) for the year grew by 29 percent to N28.5 billion as against N22.1 billion recorded in 2012. The PAT resulted in earnings per share of 197k for the year.