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Home Markets Equities Company Results

2020 FY Results: GT Bank posts N201 billion profit after tax.

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 18, 2021
in Company Results, Markets
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GT Bank Plc released its full-year results for the year ended 31 December 2020.

  • Net interest income after adjusting for loan impairments was N234.1 billion. (+3.4% YoY)
  • Net fee and commission income was N46.94 billion. (-21.04% YoY)
  • Personnel expenses incurred was N37.61 billion. (+0.9% YoY)
  • Profit before tax was N238.1 billion. (+2.8% YoY)
  • Profit after tax was N201.44 billion. (+2.3% YoY)
  • Earnings per share was N7.11. (+2.16% YoY)
  • Customers’ deposits totaled N3.51 trillion. (+38.6% YoY)
  • A final dividend of N2.70 was announced.

See link to results


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Tags: Company Financial ResultsGT Bank PlcGuaranty Trust Bank plc
Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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  1. Yahaya Nuhu says:
    March 24, 2021 at 1:32 am

    OK

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