Results & Dividends

GTCO Q1’24: Record-High Quarterly Profit Driven by Robust Operating Performance & Fair Value Gains

May 6, 2024/CSL Research GTCO’s Q1 2024 unaudited numbers showed a strong 170.6%y/y growth in Interest Income to N281.7bn driven by growth in both average volume of earning assets and average yield. Net Loans and advances to Customers grew 21.9% in Q1 2024 relative to FY 2023 (inclusive of the […]

UBA Q1’24: Interest and Fee Income Growth Drive Strong Profit Growth

May 3, 2024/CSL Research UBA’s Q1 2024 unaudited numbers showed a strong 129.7% y/y growth in Interest Income to N440.8bn driven mainly by growth in Interest Income on Investment Securities, loans and on cash and bank balances. Net Loans to customers grew 39.5% in Q1 2024 compared with the December […]

GTCO Reports Profit Before Tax of ₦509.3Bn in Q1’24

May 3, 2024/JSP Communications Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦509.3billion, representing an […]