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GTB has released its results for the 1st half of the year.
And we crunched the number for you.
Pls grab a seat

GTB made N120 Billion interest income and 28% of that income is from assets like Treasury Bill.

A whooping N35 Billion came from investing in Treasury Bills etc
Although about N1Trillion was given out as loans to customers. Similar number as at June 2018 and June 2019

The interest on loans to customer as at June 2018 compared to June 2017 dropped by N10 Billion

Timing of when the loans where given out might have played a role here
It also made a whopping N5 Billion on maintenance charges and another N5 Billion on corporate finance fees
It’s e business income doubled to N6 Billion within 1 year

GTB makes N26 Billion on fees and commission income
Similar in size to 20% of its core revenue driver
It declared interim dividend of N0.30
The share is trading at N26
From a high of about N36 this year
Is this a buy for you or not
If you want all the hottest investment analysis and gist
From customer service to the returns on investments, dividends, real estate
Join our community at a massive discounted price
GTB bank made N6 Billion from e business in just 6 months
#737 and co

#Fintech
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