Living Trust Mortgage Bank Plc reports N2.74bn Gross Earnings in Q3 2024, profit rises by 44.18%

Living Trust Mortgage Bank Plc on Tuesday published its Third Quarter report for the period ended 30 September 2024.

The Financial Institution reported Gross Earnings of N2.744 billion for the 9 months period, up by 39.74% from N1.964 billion reported the previous year.

Profit after tax of N751.658 million was achived for the 6 months period, up by 44.18% from N521.335 million reported the previous year.

Earnings per share of the Company stands at 15 kobo.

At the share price of N3, the P/E ratio of Living Trust Mortgage Bank stands at 19.96x with earnings yield of 5.01%.

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