Culled—Proshare March 7, 2019/ ARM Research Guaranty Trust Bank (GTB) full-year 2018 earnings expanded by 8.3% YoY with EPS printing at N6.27 but slightly lower than our estimate of N6.75 given loan-loss provision which tracked higher than we expected as the bank booked additional provision of N3.1 billion in the […]
Results & Dividends
MTN Nigeria Releases Financial Results for the FYE Dec 31, 2018; Plan to List on NSE by H1 2019
Culled—Proshare March 7, 2019/MTN Nigeria MTN Nigeria Communications Ltd (MTN Nigeria) today announces its results for the year ended December 2018, and confirms its intention to list by introduction on The Nigerian Stock Exchange during the first half of 2019. Highlights: Service revenue increased by 17.2% Data revenue increased by […]
GTBank FY 2018 Results – Net Interest Income Down 10% YoY
Culled—Proshare March 7, 2019/Coronation Research Ø GT Bank published FY 2018 results today after market close. Net profits came in 1% below our expectations and in line with market expectations. Net Income was up 10% y/y to N184.6bn (US$513m). Ø GT Bank proposes a total dividend of N2.75/s which (inclusive […]
