Living Trust Mortgage Bank on Friday published its Fourth Quarter report for the 12 months ended 30 December 2021.
The result shows year on year growth in the company’s topline and bottom line figures.
A turnover of N1.627 billion for the 12 months period, up by 149.35% from N652.6 million reported the previous year.
Profit after tax grew year on year by 333.38% to N573.62 million from N132.36 million reported the previous year.
Earnings per share of the Company increased to 11 kobo from the EPS of 3 kobo. This translates to 333.38% growth, year on year.
At the share price of N1.04, the P/E ratio of Living Trust Mortgage Bank stands at 9.07x with earnings yield of 11.03%.