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BRIEF-Guaranty Trust Bank Posts FY Profit Before Tax Of N231.7 Bln

Published 02/03/2020, 18:21
Updated 02/03/2020, 18:28
© Reuters.  BRIEF-Guaranty Trust Bank Posts FY Profit Before Tax Of N231.7 Bln

March 2 (Reuters) - Guaranty Trust Bank PLC GUARANT.LG :

* GUARANTY TRUST BANK PLC - FINAL DIVIDEND OF 250KOBO PER

SHARE.

* GUARANTY TRUST BANK - FY PROFIT BEFORE TAX OF N231.7BN (31

2018: N215.6BN)

* GUARANTY TRUST BANK PLC - FY INTEREST INCOME OF N296.2BN

DECEMBER 2018: N307.0BN)

* GUARANTY TRUST BANK PLC - FY NET INTEREST MARGIN REMAINED

STRONG

AT 9.3% (31 DECEMBER 2018: 9.2%)

* GUARANTY TRUST BANK PLC - FY NET LOANS AND ADVANCES OF

N1.502TRN

(31 DECEMBER 2018: N1.262TRN) UP 19.0%.

* GUARANTY TRUST BANK PLC - FY DEPOSITS FROM CUSTOMERS OF

N2.533TRN (31 DECEMBER 2018: N2.274TRN) UP 11.4%.

* GUARANTY TRUST BANK - FY NON-PERFORMING LOANS TO TOTAL

LOANS

IMPROVED TO 6.5% FROM 7.3% AS AT 31 DEC 2018

* GUARANTY TRUST BANK PLC - FY TOTAL ASSETS OF N3.759TRN (31

DECEMBER 2018: N3.287TRN) UP 14.3%

Source text for Eikon: ID:nRSB7560Ea

Further company coverage: GUARANT.LG

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