Guaranty Trust Bank on Monday released its full year audited result for the period ended, 31 December, 2019.
The financial giant reported a turnover of N435. 31 billion, up by 0.14% compared to N434.70 billion recorded in 2018.
Profit before tax grew by 7.48% to settle at N231.71 billion awy from from N215.59 billion reported in 2018.
Profit bank posted a profit after tax of N196.85 billion, up by 6.57% away from N184.71 billion reported in 2018.
Earnings per share (EPS) for the period under review stands at N6.69, up by 6.57% from the EPS of N6.28 in 2018.
With reference to the share price of N23.8, P.E ratio of Guaranty Trust Bank stands at 3.56x with earnings yield of 28.1%.
The bank proposed a final dividend of N2.50 bringing the dividend yield to 10.50%.