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 […]

Dangote Sugar Refinery Q4 2020 Results Review: Stable Volume and Price Mix to Anchor Growth in 2021

March 18, 2021/Proshare By FBNQuest Research  13% raise to our EPS forecast over the ’21-23f period We have raised our EPS forecasts over the ’21-23f period by 13% for Dangote Sugar Refinery (DSR) after its better-than-expected Q4 ’20 results. However, our new price target of NGN17.1 is up by only […]