By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc said on Wednesday its pretax profit for the period ended September 30, 2015 climbed up 15 percent to N92.06 billion from N80.69 billion recorded a year earlier.

Similarly, post tax profit grew 13 percent to N71.16 billion from N66.74 billion posted the same period of 2014.

Gross earnings of the lender increased from N199.23 billion in the nine months period of 2014 to N229.37 billion recorded in the review period of 2015; indicating an increase of 15 percent, the lender said in a filing with the Nigerian Stock Exchange (NSE).

However, at the close of Wednesday’s trading on the Nigerian bourse, shares of GTBank declined 0.21 percent to N24.05 from N24.10 recorded the previous session; losing 0.05 kobo per share.