March 18, 2021/Cordros Report EQUITIES Nigerian equities market extended yesterday’s gain, as interest in tier 1 banks, ZENITHBANK (+7.3%) and GUARANTY (+6.4%), pushed the All-Share Index higher by 0.5% to 38,914.84 points. Accordingly, the Month-to-Date and Year-to-Date losses moderated to -2.2% and -3.4%, respectively. The total volume of trades increased […]
Results & Dividends
Guaranty Trust Bank Plc FY-20: Balance Sheet Management Supports Growth
March 18, 2021/Cordros Report GUARANTY released its FY-20 earnings after the close of market trading today, which showed that the bank recorded growth in earnings. On the EPS of NGN7.11 (+2.2% vs 2019FY), the board has proposed a final dividend of NGN2.70/s (2019FY: NGN2.50/s), which equates to a yield of […]
GTBank Says 2020 Pretax Profit Up +2.8% to N238.1 Billion, Offers N2.70 Kobo Dividend
March 18, 2021/jspcommunications Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges. A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by […]
