Infinity Trust Mortgage Bank Plc grows profit by 58.17% in Q4 2023

Infinity Trust Mortgage Bank Plc in its recently published Q4 2023 result for the year ended 31 December 2023 reported a turnover of N2.903 billion for the 12 months period. Up by 38.49% from N2.096 billion reported the previous year.

The Financial Institution reported profit after tax of N1 billion for the 12 months period, up by 58.17% from N633.478 million reported the previous year.

Earnings per share of the Company stands at 24 kobo

At the share price of N7.98, the P/E ratio of Infinity Trust Mortgage Bank stands at 33.21x with earnings yield of 3.01%.

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