GTBank posts N201.4bn Profit After Tax

GTBank, has released its 2020 Audited results for the period ended December 31st, 2020, and reported its profit after tax grew by 2.3% to N201.4 billion.
The Tier-1 bank’s bottom-line increase reflected FX revaluation gains in the last quarter of 2020 and steady quarterly net interest income.
Guaranty Trust Bank proposed a final dividend of N2.70 per share, translating to a dividend yield of 9.1% based on the last close price.
The bank has proposed a final dividend of N2.70 per share, translating to a dividend yield of 9.1% based on the last close price.
The Bank’s Gross Earnings growing by 4.6% to N455 billion from N435 billion while Net Assets grew by 18.5% from N687 Billion to N814 Billion. Nairametrics.