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Guaranty Trust Bank released its financial results for the period ended 30th September 2015.
The result showed that Gross Earnings rose 15% from N199 billion in Q3′ 2014 to N229 billion in Q3′ 2015.
Profit before tax also rose by 14% from N80 billion in Q3′ 2014 to N92 billion in Q3′ 2015.
See Summary of result below…
| Guaranty Trust Bank Q3 2015 | Sep-15 | Sep-14 | % Change |
| N’bn | N’bn | ||
| Net Interest Income | 120,129 | 105,335 | 14.04% |
| Commision Fees & Other Income | 54,288 | 49,551 | 9.56% |
| Operating Expenses | -73,840 | -67,900 | 8.75% |
| Pre-tax profits | 92,062 | 80,699 | 14.08% |
| Profit After Tax | 75,160 | 66,743 | 12.61% |
| Current Share Price | 25.50 |
