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Reading: LivingTrust Mortgage Bank grows profit after tax by over 260% to N100.6 million in Q1 2021.
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Africa Housing News > Blog > Mortgage News > LivingTrust Mortgage Bank grows profit after tax by over 260% to N100.6 million in Q1 2021.
Mortgage News

LivingTrust Mortgage Bank grows profit after tax by over 260% to N100.6 million in Q1 2021.

Fesadeb
Last updated: 2021/04/24 at 3:09 PM
Fesadeb Published April 24, 2021
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LivingTrust Mortgage Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Gross earnings for the period was N251.8 million (+120.1% YoY)
  • Net fee and commission income of N19.17 million (+204.4% YoY)
  • Total operating income was N223.54 million (+115.5% YoY)
  • Operating expenses totalled N122.3 million. (+65.7% YoY)
  • Profit after tax was N100.6 million. (+261.2% YoY)
  • Earnings per share of 2kobo. (+265.5% YoY)

Source: Nairamatrics

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TAGGED: Living Trust Mortgage Bank
Fesadeb April 24, 2021 April 24, 2021
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