What a performance by fnb

I predict this could happen for fnbb on my viral Tik Tok and it did

Author

Boago Sephutho
September 15, 2024

Hello there this is a quick email, fnb Botswana has been on a roll making such interesting earnings for the investor and for the company itself, this is the full year earnings release they showed;

Full year 2024 earnings released: EPS: P0.55 (vs P0.44 in FY 2023)

Full year 2024 results:EPS: P0.55 (up from P0.44 in FY 2023).Revenue: P3.47b (up 21% from FY 2023).Net income: P1.39b (up 24% from FY 2023).Profit margin: 40% (up from 39% in FY 2023). The increase in margin was driven by higher revenue.

Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.

[source: simplywall.st]

If you have shares in fnbb you’re eating good, in my viral Tik Tok that fnbb share price will reach P4.50 and it’s now sitting at P4.55.

Unfortunately for me I opted out early because of a reason I will explain next time.