Results & Dividends

GTBank: Improved NIR, Contraction in Impairment Loss Boost Q2 Earnings.

August 9, 2018/Cordros Report Update: GUARANTY released its Q2 2018 result yesterday, showing growth in EPS by 20.63% y/y and 13.97% q/q, to NGN1.73. Annualized, the H1-2018 EPS beats Bloomberg’s polled estimate of NGN5.91 for FY-2018 by 10%. Impressive growth in the NIR (+31.95% y/y, +30.53% q/q) salvaged the top […]

Conoil Half Year Profit Soars, Predicts Bumper Harvest for Shareholders

August 8, 2018/Conoil Plc The nation’s total energy provider, Conoil Plc has lived up to its pledge to maintain a growth momentum as the company’s recorded impressive performance in the first half of this year with profit soaring by 29 per cent to N809.78 million. The unaudited half year report of […]

GTBank Says 2017 H1 Pretax Profit up 8.4% to N109.6 Billion

August 8, 2018 By Investadvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Guaranty Trust Bank Plc (GTBank) said on Wednesday its pretax profit for the half-year (H1) period ended June 30, 2018 climbed up 8.4 percent to N109.6 billion from N101.10 billion recorded a year ago. Similarly, profit after tax (PAT) increased […]