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Home Industries Company News

[Corporate Action] Guaranty Trust Bank Declares N75 billion Profit After Tax For Q3’2015

Editor by Editor
October 22, 2015
in Company News
[Illegal withdrawal] GTB, Ordered To Pay Customer’s “Stolen” N5 Billion!
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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.

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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

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