Infinity Trust Mortgage Bank Plc reports N3.06bn revenue in Q3 2024, profit rises by 66.67%

Infinity Trust Mortgage Bank Plc generated revenue of N3.06 billion for the period ended 30 September 2024. This represent a growth of 56.36% from N1.96 billion reported the previous year.

Profit after tax of N1.302 billion was achieved for the 9 months period, up by 66.67% from N781.57 million reported in Q3 2023.

Earnings per share of the Company stands at N0.31.

At the share price of N7, the P/E ratio of Infinity Trust Mortgage Bank stands at 22.41x with earnings yield of 4.46%.

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