15 Apr 2010 12:51
Guaranty Trust Bank plc
Statement to the Nigerian Stock Exchange and the shareholders on the unaudited results for the first quarter ended March 31 2010
The Board of Directors of Guaranty Trust Bank plc is pleased to announce the Bank's unaudited results for the first quarter ended March 31, 2010.
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| 3 Months Ended March 31, 2010 | 3 Months Ended March 31, 2009 | Increase/ (Decrease) |
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| (N'000) | (N'000) | % |
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| Gross Earnings | 44,382,783 | 35,808,359 | 24 |
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| Profit Before Tax | 13,010,483 | 12,635,175 | 3 |
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| Estimated Taxation | 4,163,355 | 4,043,256 | 3 |
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| Profit After Tax | 8,847,128 | 8,591,919 | 3 |
The Bank expects that barring unforeseen circumstances, the trend of the above results should be maintained in the remaining quarters of the financial year.
Dated this 14th day of April 2010
By Order of the Board
Olutola Omotola
Company Secretary
15 April 2010
Enquiries:
| GTBank | +234-1-2714591 |
| Lola Odedina, Head, Communications & External Affairs |
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| Pascal Or |
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| College Hill | +44 20 7457 2020 |
| Peter Pantlin |
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| Tony Friend |
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