Culled—Proshare 17/10/2018/NSE with additional comments from FBNQuest Research United Bank for Africa (UBA) released Q3 ‘2018 results this morning. See below the results and initial view. Source: NSE CLICK HERE TO VIEW MORE FBN Quest – Initial View Implications: When annualised, UBA’s 9M 2018 PBT tracks behind consensus PBT forecast […]
Results & Dividends
GTBank: Impressive 9M-18 result
October 17, 2018/Cordros Report GUARANTY released 9M-2018 results earlier on Wednesday, showing post-tax profit for Q3-18 grew by 11% y/y, but dropped 8% on a q/q basis, to NGN46.64 billion. Gross earnings for the quarter stood at NGN110.59 billion — 16% above similar period last year, but 6% lower compared […]
GTBank Says Q3 2018 Post-Tax Profit Up 13.3% to N142.2 Billion
October 17, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Guaranty Trust Bank Plc (GTBank) said on Wednesday its post-tax profit for the third quarter (Q3) period ended September 30, 2018 climbed up 13.3 percent to N142.2 billion from N125.6 billion recorded a year ago. Similarly, pretax profit increased 9.5 […]
