Guaranty Trust Holdings Company Plc (GTCO) in the First Quarter of 2024 achieved significant growth in its top line and bottom line figures.
The Financial Institution achieved Gross Earnings of N680.378 billion for the 3 months period, up by 330.37% from N158.093 billion recorded in Q1 2023.
Profit after tax grew year on year by 685.9% to N457.135 billion from N58.167 billion reported the previous year.
With Shares Outstanding of 29,431,179,224 the earnings per share of GTCO stands at N15.53.
At the share price of N41, the P/E ratio of GTCO stands at 2.64x with earnings yield of 37.88%.