Living Trust Mortgage Bank Plc reports N423.65m profit in Half- Year 2024

Living Trust Mortgage Bank Plc on Wednesday published its Second Quarter report for the period ended 30 June 2024.

The Company reported Gross Earnings of N1.75 billion for the 6 months period, up by 35.38% from N1.29 billion reported the previous year.

Profit after tax grew year on year by 82.91% to 423.65 million from N231.61 million reported the previous year.

Earnings per share of the Company stands at 8 kobo.

At the share price of N3.24, the P/E ratio of Living Trust Mortgage Bank stands at 38.24x with earnings yield of 2.62%.

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