September 4, 2023/InvestmentOne Report Gross earnings of N672.60billion, up 225.83%q/q, 181.09%y/y. Net interest income of N177.46billion, up 16.02%q/q, 46.84%y/y. Profit before tax of N327.40billion, up 242.62%q/q, 217.10%y/y.. Profit after tax of N280.48billion, up 283.21%q/q, 261.66%y/y. The eagerly anticipated half year financial report by Guaranty Trust Holding Company (GTCO) was […]
Results & Dividends
Heirs Insurance Group Reports N20Bn Revenue for FY2022, Pays N2.6Bn Claims
September 4, 2023/Heirs Insurance Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), announced a record-high 226% jump in Gross Written Premium (GWP), from N6.1bn in 2021 to N19.9bn for the financial year ended December 31, 2022. With the strong performance sustained in its second year […]
GTCO H1’23: Strong Revaluation Gains Boost Profits
September 4, 2023/CSL Research GTCO’s H1 2023 audited numbers showed a 53.5%y/y growth in Interest Income to N225.95bn driven by growth in Interest Income on Net Loans and Investment Securities. Net Loans and advances to Customers was up 22.8% in H1 2023 relative to December 2022 (inclusive of the impact […]
