Tag: LivingTrust Mortgage Bank Plc

LivingTrust Mortgage Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Gross earnings for the period was N251.8 million (+120.1% YoY)
• Net fee and commission income of N19.17 million (+204.4% YoY)
• Total operating income was N223.54 million (+115.5% YoY)
• Operating expenses totalled N122.3 million. (+65.7% YoY)
• Profit after tax was N100.6 million. (+261.2% YoY)
• Earnings per share of 2kobo. (+265.5% YoY)

See link to results.

LivingTrust Mortgage Bank Plc has released its earnings forecasts for the second quarter of 2021 (Q2 2021).

• Net interest income is projected at N291.9 million
• Net operating income is projected at N277.9 million
• Operating expenses is projected at N208.3 million
• Tax is projected at N10.4 million
• Profit after tax is projected at N59.12 million

See link to forecasts.