April 27, 2017/Cordros Research Click here to download full PDF Report Guaranty Trust Bank Plc (GUARANTY) yesterday released Q1-2017 results, wherein gross earnings surged 40.01% y/y, driven by increases in interest income (50.64% y/y) and non-interest income (9.83% y/y), which drove sizeable growths in PBT (+667.20% y/y and 111.07% q/q) […]
Results & Dividends
QI 2017: Fidelity Bank Records Double Digits Growth in Earnings and Profits
April 28, 2017/Fidelity Bank Plc Top Nigerian lender, Fidelity Bank Plc recorded a solid financial performance in the first quarter of 2017, posting appreciable growth in profits and gross earnings for the period ended March 31, 2017. This is in spite of the challenging and fiercely competitive business environment. Details […]
GTBank Records Net Interest Income Growth of Over 60% in Q1 2017
Culled–Proshare April 26, 2017/FBNQuest Research Event: GT Bank reports Q1 2017 results Implications: Positive reaction from the market expected; results running ahead of full year PBT guidance of N168bn Positives: Net interest income (and PBT) growth of over 60% y/y; results were ahead of our forecasts Negatives: No major negatives […]
