Friday, August 25, 2023
The Witness Newspaper
No Result
View All Result
  • Home
  • News
  • The Nation
  • Business
  • Politics
  • Investigation
  • Opinion
  • Sports
  • Entertainment
  • South Witness
  • World
  • Health
The Witness Newspaper
No Result
View All Result
Home Business

Q3 2022: GTCO posts N130.3bn profit

Stanley Osariemen by Stanley Osariemen
October 26, 2022
in Business
Q3 2022: GTCO posts N130.3bn profit
Share on FacebookShare On WhatsappShare On Twitter

Guaranty Trust Holding Company (GTCO), the parent company of Guaranty Trust Bank has published its third quarter report for the period ended 30 September, 2022.

The Company achieved Gross Earnings of N364.306 billion, up by 14.38% from N318.508 billion achieved the previous year.

READ ALSO

H1’23: Applause as FBN Holdings grows pre-tax profit to N206.2bn

Avanti Communications cements market-leading position in sub-Saharan Africa

Profit after tax grew marginally by 0.73% to N130.348 billion from N129.400 billion reported in Q3 2021.

Earnings per share of GTCO stands at N4.43, up by 0.73% from N4.40 EPS achieved the previous year.

At the share price of N18.30, the P/E ratio of GTCO stands at 4.13x with earnings yield of 24.20%.

Tags: GTCO Q 3 2022 resultsGuaranty Trust Bank

Related Posts

H1'23: Applause as FBN Holdings grows pre-tax profit to N206.2bn
Business

H1’23: Applause as FBN Holdings grows pre-tax profit to N206.2bn

July 21, 2023
Avanti Communications cements market-leading position in sub-saharan Africa
Business

Avanti Communications cements market-leading position in sub-Saharan Africa

July 20, 2023
l-r: Emmanuel Onokpasa, Executive Director;  Nath Ude, MD/CEO;  Funmi Oyetunji, Independent Non-Executive Director; Gbemisola Laditan, Independent Non-Executive Director; Phillips Oduoza, Chairman; Funke Okoya, Executive Director ; Nnadozie Ohaji, Company Secretary/Legal Counsel 
Business

NOVA Merchant Bank shareholders okay bank’s plan for full commercial banking operations

July 20, 2023
FastCash distributes N105bn in digital loans to over 3m Nigerians
Business

FastCash distributes N105bn in digital loans to over 3m Nigerians

July 17, 2023
PHOTOS: NPA wins Most Outstanding Govt Agency of the year award in London
Business

PHOTOS: NPA wins Most Outstanding Govt Agency of the year award in London

July 13, 2023
From left: Mr. Ladi Balogun, Mr. Jide Balogun (children of late Otunba Subomi Balogun, Founder of FCMB Group); Group CEO, Nigerian Exchange Group (NGX) Plc, Mr. Oscar Onyema; CEO of NGX Limited, Mr. Temi Popoola; Mr. Jide Balogun, Mr. Bolaji Balogun; Chairman, NGX) Plc, Alhaji Umaru Kwarainga; President of Chartered Institute of Stockbrokers (CIS), Mr. Oluwole Adeosun; Mr. Gboyega Balogun and his wife, Emma, during a Special Trading Session organised in honour of late Otunba Balogun by the NGX yesterday (July 3, 2023), in Lagos.
Business

NGX, CIS, market stakeholders pay tribute to late FCMB founder, Otunba Subomi Balogun

July 4, 2023
Next Post
PDP crisis: Mimiko rejects Atiku’s appointment, backs Wike

PDP crisis: Mimiko rejects Atiku’s appointment, backs Wike

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

 

Categories

  • Business
  • Entertainment
  • Health
  • Inside Nigeria
  • Investigation
  • Lifestyle
  • Opinion
  • Politics
  • Profiles
  • Southern Witness
  • Sports
  • The Nation
  • The News
  • World

Recent Posts

  • Still in pursuit of symptoms of the malaise, By Elliot Uko
  • ODA President clears air on Okun leaders’ visit to Tinubu, says it wasn’t to promote any candidate
  • H1’23: Applause as FBN Holdings grows pre-tax profit to N206.2bn
  • Avanti Communications cements market-leading position in sub-Saharan Africa
  • NOVA Merchant Bank shareholders okay bank’s plan for full commercial banking operations
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 The Witness Newspaper | All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • The Nation
  • Business
  • Politics
  • Investigation
  • Opinion
  • Sports
  • Entertainment
  • South Witness
  • World
  • Health

Copyright © 2022 The Witness Newspaper | All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.