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Nairametrics
Home Markets Equities Company Results

Guaranty Trust Holding Company Plc reports 4.11% growth in Net Profit for third quarter ended 30 September, 2021

Chidinma Anyalewechi by Chidinma Anyalewechi
October 26, 2021
in Company Results, Markets
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Guaranty Trust Holding Company Plc has released its unaudited financial statement for the third quarter ended 30th of September, 2021.

  • Interest income during the period was N68.94 billion. (-7.48% YoY)
  • Interest expense for the period was N13.06 billion. (+5.32% YoY)
  • Loan impairment charges for the period was N1.28 billion
  • Fee and commission income during the period was N18.32 billion. (+67.39% YoY)
  • Fee and commission expense of N3.34 billion was recorded.
  • Profit before income tax for the period was reported as N58.85 billion. (+2.11%)
  • Profit after tax for the period was N49.99 billion. (+4.11%)
  • Total assets during the period stood at N5.14 trillion. (+119 bn YtD)
  • Earnings per share of N1.78 kobo Vs N1.71 kobo.

See full result here

Tags: Guaranty Trust Holding Company Plc
Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

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