Guaranty Trust Bank

Guaranty Trust Bank has released its results for the nine months ended September 30, 2018. Here are key highlights of the results.

Interest Income

Interest income fell from N248 billion in 2017 to N237 billion in 2018. This represents a 4.4% drop year on year.

Profit Before Tax

Profit Before Tax, however, increased from N150 billion in 2017 to N164 billion in 2018. This represents a 9.3% increase year on year.

Profit After Tax

Profit After Tax also rose from N125 billion in 2017 to N142 billion in 2018. This represents a 13.6% increase year on year.

Current Share Price

Guaranty Trust Bank is currently trading at N37 in today’s trading session on the NSE.

DOWNLOAD GUARANTY TRUST BANK Q3 2018 RESULTS.

 

 

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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