GUARANTY Declares N50bn PAT in Q1 2020 Results,(SP:N18.60k)


Wednesday, April 22, 2020 / 3:55 PM / By NSE / Header Image Credit: African Financials

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Guaranty Trust Bank Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Interest Income grew by 3.4% to N77bn from N74bn in the previous quarter.

  • Profit before tax grew by 2.1% to N58bn.

  • Profit after tax grew by 1.5% to N50bn.

  • Net Assets declined by -3.8% to N661bn from N687bn.

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