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Guaranty Trust Bank Plc on Wednesday April 18, 2018 released its first quarter result for the period ended March 31, 2018 with 8 percent growth in profit after tax, from N41,477 billion in 2017 to N44,670 billion in 2018.
Profit before tax was up by 4.43 percent from 50,392 billion in 2017 to N52,624 billion in 2018. Gross earnings also went up by 4.65 percent, from 104,130 billion in 2017 to N108,970 billion in 2018.
Earnings per share stood at 1.58 in 2018 which is above 1.47 that was recorded same period in 2017. Fess and commission income grew by 11.29 percent from N13,680 billion in 2017 to N15,224 billion in 2018. The bank share price closed at N44.35 kobo on Wednesday.
Photo Caption: Segun Agbaje Managing Director Guaranty Trust Bank Plc
