• Business - Companies
  • Updated: October 26, 2022

Q3 2022: GTCO Records N66.4 Billion Profit

For the financial period ended September 30, 2022, Guaranty Trust Holding Plc has recorded a profit before tax of N66.4 billion. 

According to the company’s unaudited financial report, GTCO grew its profit before tax by 12.93% when compared to the corresponding quarter of 2021 where it posted N58.8 billion.

The company’s profits were boosted by strong revenue growth during the quarter which saw the bank grow net interest income from N55.8 billion to N66.8 billion.

The company’s Income from commissions and fees also rose from N14.9 billion to N18.8 billion during the quarter.

During the period under review, GTB earnings per share for the quarter rose from N1.78 per share to N1.88 per share.


Related Topics

Join our Telegram platform to get news update Join Now
Felicia Abisola  Olamiji
Felicia Abisola Olamiji

  A graduate of English Language from Olabisi Onabanjo University, passionate about learning new...

More From this Author


goldlink insurance plc Financial Services

Goldlink Insurance Plc was incorporated on 15th April 1992 as a Private Limited ...

linkage assurance plc Financial Services

Linkage Assurance Plc was incorporated 26th March 1991 and was licensed to cover...

aso savings and loans plc Financial Services

Aso Savings & Loans (ASO) is a Nigerian based mortgage bank, it was incorpor...


0 Comment(s)


See this post in...