Guaranty Trust Bank (GTB) released its 2015 Half Year result showing pre-tax profits rise 18% from N43bn in June 2014 to N53bn in June 2015. Profit after tax also rose 21% from N44bn to N53bn in 2015.
See summary of result below…
| Guaranty Trust Bank Bank H1 | Jun-15 | Jun-14 | % Change |
| N’bn | N’bn | ||
| Net Interest Income | 80,119 | 71,562 | 11.96% |
| Commision Fees & Other Income | 38,020 | 32,301 | 17.71% |
| Operating Expenses | -49,077 | -45,128 | 8.75% |
| Pre-tax profits | 63,111 | 53,396 | 18.19% |
| Profit After Tax | 53,373 | 44,008 | 21.28% |
| Current Share Price | 22.08 |
