October 22, 2019 By Pascal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, the United Bank for Africa Plc (UBA) on Monday reported a post-tax profit of N81.63 billion in its third quarter report ended September 30, 2019 compared to N61.69 billion recorded the same period of 2019. Pre-tax profit of the […]
Results & Dividends
Earnings Review: GT Bank 9M 2019 Results
October 21, 2019/Coronation Report GT Bank reported unaudited 9M 2019 results last week. Net interest income was grew by 1.3% y/y at N172.9bn (US$480.3m), Net fee and commission income was up 22.9% from the previous year. The cost to income ratio fell 154bps to 36.5% y/y. Net profits were up […]
GTBank Q3 2019 Result: Decent Performance Despite Tough Regulatory and Operating Environment
October 18, 2019/InvestmentOne Report · Net interest income of N56.6billion, down 2.7% q/q; up 1.3% y/y · Non-interest income of N28.6billion, down 20.7% q/q, up 2.8% y/y · Profit before tax of N54.9billion, down 6.7% q/q; up 3.9% y/y · Profit after tax of N47.9billion, down 4.0% q/q; up 3.4 […]
