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VFD Group
WA
WaneInvestmentHouse
Community Contributor
VFD Microfinance Bank Returns to Profitability in 2024
VFD Microfinance Bank has reported a significant turnaround in its financial performance, returning to profitability in the 2024 financial year with a profit after tax of N366.6 million. This marks a substantial improvement from the N333 million loss recorded in the previous year.
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₦66.72
FV
76.8% undervalued
intrinsic discount
7.49%
Revenue growth p.a.
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2 months ago
author updated this narrative
Your Valuation for
VFDGROUP
VFDGROUP
VFD Group
Your Fair Value
₦
Current Price
₦15.50
61.1% overvalued
intrinsic discount
Growth estimate over
Annual revenue growth rate
5 Years
time period
%/yr
Decrease
Increase
Past
Future
-477m
34b
2015
2018
2021
2024
2025
2027
2030
Revenue ₦34.1b
Earnings ₦8.6b
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