September 6, 2022/CSL Research GTCO’s H1 2022 audited numbers showed a 16.7% y/y growth in Interest Income to N147.2bn driven by growth in both interest income on Loans and yields on fixed income instruments. Q/q, (Q2 2022 compared with Q1 2022), Interest Income was up 8.4%. Net Loans and advances […]
Results & Dividends
GTCO H1-22: Profitability Pressured by Higher Tax Expense
September 5, 2022/Cordros Report GTCO released its H1-22 audited financials this morning (5 September), which showed that the HoldCo recorded a decline in profitability, despite an increase in its top line. The Holdco’s decline in profitability (-2.3% y/y) is attributed to the rise in tax expenses (+38.4% y/y) that outweighed […]
Fidelity Bank Records Impressive H1 2022 Results as Profits Hits N25.1Bn
September 2, 2022/Fidelity Bank Plc Proposes interim dividend of 10 kobo per share Leading financial institution, Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to N25.1bn as well as decent growth in most key ratios. According to the report released on the […]
