Segun Agbaje, CEO GTB
Omohglobal
GTCO ride on strong third quarter to post N66 billion pre-tax profits
Guaranty Trust Holding Plc has released its unaudited consolidated and separate financial statements for the third quarter period that ended September 30, 2022.
The report shows that the bank grew its third-quarter pre-tax profit to N66.4 billion up by 12.93% when compared to the corresponding quarter of 2021 where it posted N58.8 billion.
The company’s profits were boosted by strong revenue growth during the quarter which saw the bank grow net interest income from N55.8 billion to N66.8 billion.
Income from commissions and fees also rose from N14.9 billion to N18.8 billion during the quarter.
GTB earnings per share for the quarter rose from N1.78 per share to N1.88 per share.
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