Culled—-Proshare April 19, 2018/ARM Research Guaranty Trust Bank (GTB) first quarter result was quite impressive as strong growth in fee and trading income as well as lower provisioning saved the day for PBT which expanded 4.8% QoQ to N52.6 billion. Irrespective, higher payment to the taxman (+50% QoQ) dragged EPS […]
Results & Dividends
GTBank: Positive performance in Q1-2018, amid strong NIR growth and lower impairment charge
April 19, 2018/Cordros Report Update: Guaranty Trust Bank Plc released its Q1-2018 result yesterday, showing positive performance in the top and bottom lines. Compared to Q1 last year, Gross Earnings, PBT and PAT were 4.65% (-1.00% q/q), 4.43% (+4.81% q/q), and 7.70% (-0.49% q/q) higher than their restated values at […]
GTBank Q1 2018: Income from Investment Securities Yet to Taper as NPL Moderates
April 19, 2018/InvestmentOne Report NIGERIA | EQUITIES | BANKING | GUARANTY TRUST BANK PLC Q1 2018 results highlight: Income from Investment Securities Yet to Taper as NPL Moderates Mixed net interest income of N59.7billion, up 4.5% q/q; down -9.7% y/y Profit before tax of N52.6billion, up 4.8% q/q; 4.4% y/y […]
