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Home Markets Equities Company Results

Infinity Trust Mortgage Bank grows profit after tax by 52% to N447.1 million in 9M 2021.

Chidi Emenike by Chidi Emenike
October 15, 2021
in Company Results, Markets
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Infinity Trust Mortgage Bank Plc released its unaudited financial results for the nine months period ended 30th of September, 2021.

  • Turnover for the period stood at N1.24 billion. (+24.3% YoY)
  • Net fee and commission income of N83.4 million. (+5.6% YoY)
  • Operating income totalled N1.06 billion. (+23.7% YoY)
  • Operating expenses totalled N555.4 million. (+2.8% YoY)
  • Total assets during the period stood at N15.6 billion.
  • Profit after tax was N447.1 million. (+52.3% YoY)
  • Earnings per share of 13.29 kobo Vs 8.37 kobo YoY.

See link to results.

 

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Tags: Company Financial ResultsInfinity Trust Mortgage Bank Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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