LivingTrust Mortgage Bank grows profit after tax by over 260% to N100.6 million in Q1 2021.

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.