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

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

Leave a Reply

Your email address will not be published. Required fields are marked *