Culled—Proshare April 23, 2020 By FBNQuest Research Limited revisions to our 2020E EPS forecast GT Bank’s (GTB) Q1 2020 PBT was in line with our forecast. However, PAT missed by -4% because of a negative result of -N2.7bn in other comprehensive income. Following the results, we have made modest revisions […]
Results & Dividends
GTBank Declares N58.2 Billion Post-Tax Profit in Q1′ 20
April 22, 2020/jspcommunications Guaranty Trust Bank plc has released its unaudited financial results for the period ended March 31, 2020 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and […]
Guaranty Trust Bank Plc Q1 2020 Unaudited Results – Earnings Float on Lower Cost of Funds
Culled—Proshare April 22, 2020 by CardinalStone Research Guaranty Trust Bank Plc reported a 1.7% YoY growth in EPS to N1.77 in its unaudited Q1’20 result, largely supported by a 10.4% growth in net interest income. Highlights: Net interest income improved by 10.4% YoY, mainly supported by a 70 bps decline […]
