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 […]

GTBank Says 2018 Q1 Profit Up 7.7% to N44.67 Billion

April 18, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian lender, Guaranty Trust Bank Plc (GTBank) on Wednesday said its profit went grew 7.7 percent to N44.67 billion in its first quarter (Q1) report for the period ended March 31, 2018 from N41.47 billion posted a year ago. Profit before tax (PBT) of the […]