April 23, 2020/Cordros Report GUARANTY recently released Q1-20 earnings yesterday, which was in line with our expectation. The performance was supported by moderate growth in both interest and non-interest income, alongside industry-best efficiency. Also, the bank proposed a final dividend of NGN2.50/s, which translates to a dividend yield of 11.0%, […]
Results & Dividends
GTBank Results Review: Q1 2020 PBT Tracking in Line With FY Guidance
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 […]
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 […]
