Culled—Proshare August 16, 2017/ARM Research Yesterday, Guaranty Trust Bank Plc. (GTB) released audited H1 2017 results, wherein earnings came in stronger at N83.7billion (YoY: 17% YoY) with EPS of N2.84. In addition, the bank raised interim dividend payout to 30kobo relative to trend pay-out of 25kobo which translates to a […]
Results & Dividends
GTBank Q2 2017 Results: Key Highlights
August 16, 2017/InvestmentOne Research Please find key highlights of the Q2 2017 results below: · Net interest income of N63.4bn, down -4.1% q/q; up +65.5% y/y · Profit before tax of N50.7bn, up +0.6% q/q; down -16.5% y/y · Profit after tax of N42.2bn, up +1.7% q/q; down -18.6% y/y […]
GTBank First Glance: Despite 52.85 y/y Decline in NIR, EPS Rose 13.73% y/y in H1-2017
August 16, 2017/Cordros Research Guaranty Trust Bank Plc (GUARANTY) this afternoon released H1-2017 results, wherein gross earnings grew marginally by 2.01% y/y, supported by a surge in interest income (+51.11% y/y), which more than offset the significant decline in non-interest income (-52.85% y/y). In addition, the lower credit loss provisioning […]

