Investor Presentaiton
Strengthened Group with significant upside potential
Financial Review
Post Tax ROaE (%)
Net Interest Margin (%)
Cost of Funds (%)
NPL Ratio %
NPL Coverage (%)
6.4
20.0
5.8
18.4
4.5
14.5
3.0
6.1
96.7
86.6
2.3
4.3
2.1
4.0
62.2
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
Post Tax ROaA (%)
Cost to Income (%)
Cost of Risk (%)
1.9
3.2
1.8
61.7
60.4
56.4
1.4
FY 21
FY 22
Q1 23
1.7
1.7
Capital Adequacy Ratio (¹) (%)
Liquidity Ratio (2) (%)
33.0
31.7
31.4
17.4
16.8
15.6
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
FY 21
FY 22
Q1 23
(1) CAR is for FirstBank (Nigeria). Including Q1 2023 Profit, CAR will be 16.5%
CAR for the Merchant Banking business is 16.3% for FY 2022 and 17.4% as at Q1 2023
(2) Liquidity Ratio for FirstBank (Nigeria)
12View entire presentation