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Gtbank Announces N45 Billion PAT In Q1 - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Gtbank Announces N45 Billion PAT In Q1 (6524 Views)

Access Bank Reports N45 Billion Profit Before Tax For Q1 2019 / Seplat Petroleum‘s Profit After Tax Falls To N45 Billion / Fidelity Bank Announces 94% Surge In PAT In 2017 (2) (3) (4)

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Re: Gtbank Announces N45 Billion PAT In Q1 by sexdoll: 8:34am On Apr 19, 2018
ChidiAlaigbo:


You get time........you dey mind the 5% chestbeaters. ..... na so PMB go return jejely to office in 2019 and they will continue their quiet wailing

grin grin grin
Re: Gtbank Announces N45 Billion PAT In Q1 by Nobody: 8:37am On Apr 19, 2018
If a gtb customer uses gtb *737* service,The service is at seldom functional.But if the customer check his account balance ,gtb has already deducted money from those transactions he has previously made without success.That was some of the tricks the bank use in defrauding customers.

1 Like

Re: Gtbank Announces N45 Billion PAT In Q1 by Nobody: 8:41am On Apr 19, 2018
ChidiAlaigbo:


You get time........you dey mind the 5% chestbeaters. ..... na so PMB go return jejely to office in 2019 and they will continue their quiet wailing
By rigging the election ba?That is the only way.
Re: Gtbank Announces N45 Billion PAT In Q1 by Cooly100: 8:52am On Apr 19, 2018
Tundeobama:
Yoruba people Sabi run things so all this people claiming close down of account are people with 5000naira.Hide your fave 5%

Big mouth...Yoruba sabi run things...What happened to NNSL, Nigeria Airways, Nigeria Railways and other agencies left in your care while Igbos were recovering from the civil war? You run them down...like Ibadan is run down. If Lagos was left to you like Ibadan, it would have turned the same. Stop bragging.
Re: Gtbank Announces N45 Billion PAT In Q1 by Nobody: 9:05am On Apr 19, 2018
sexdoll:
Abeg I wan know whether Innoson still dey bank with GTB?

All those wey say make we boycott GTB because of Innoson, how far na?

Una don quietly go back?

Una money follow for this 45 billion profit?

Na ask I just dey ask, no offence abeg o! tongue
Is gtb's profit legitimate?I also use few of it services.Mosttimes, if i make multiple online transactions the transactions will be unsuccessful.Meanwhile,i have receive debit alert.

1 Like

Re: Gtbank Announces N45 Billion PAT In Q1 by Sirpaul(m): 9:31am On Apr 19, 2018
i wonder ooooooo
drey076:
And 95% of their staff are on contract.
Who are they deceiving
Re: Gtbank Announces N45 Billion PAT In Q1 by Theonlyway: 9:40am On Apr 19, 2018
You can get your deductions back Buy this stock now whatsApp me on 08023982600

Re: Gtbank Announces N45 Billion PAT In Q1 by Nobody: 10:10am On Apr 19, 2018
comshots:
Is gtb's profit legitimate?I also use few of it services.Mosttimes, if i make multiple online transactions the transactions will be unsuccessful.Meanwhile,i have receive debit alert.

so which bank would you recommend.
Re: Gtbank Announces N45 Billion PAT In Q1 by sexdoll: 11:03am On Apr 19, 2018
comshots:
Is gtb's profit legitimate?I also use few of it services.Mosttimes, if i make multiple online transactions the transactions will be unsuccessful.Meanwhile,i have receive debit alert.

It's called dispense error.

Go to the bank and resolve the issue.

No technology anywhere in the world is 100% efficient or reliable.
Re: Gtbank Announces N45 Billion PAT In Q1 by lazeal: 11:31am On Apr 19, 2018
drey076:
And 95% of their staff are on contract.
Who are they deceiving
lol many Nigerians are freelancers with embellishments grin grin grin grin
Re: Gtbank Announces N45 Billion PAT In Q1 by Nobody: 11:42am On Apr 19, 2018
sexdoll:


It's called dispense error.

Go to the bank and resolve the issue.

No technology anywhere in the world is 100% efficient or reliable.
The gtb sms's is not a dispense error.Especially the 737 transaction code.What about the SMS where they wish customers happy birthdays and still deduct #30 from his account balance.
Re: Gtbank Announces N45 Billion PAT In Q1 by nickxtra(m): 4:05pm On Apr 19, 2018
Truth234:
Guaranty Trust Bank on Wednesday announced N44.670 billion profit after tax (PAT) for the first quarter of 2018. This was higher than the N41.471 billion filed in the corresponding quarter of 2017.

The report released through the Nigerian Stock Exchange (NSE) showed the lender ended the quarter with net interest income of N59.689 billion, lower than the N66.129 billion from 2017. Loans impairment charges declined from N3.412 billion in 2017 to N1.639 billion.

Incomes from fees and commission grew from N13.68 billion to N15.22 billion in the quarter, while profit before tax improved to N52.624 billion in 2018 from N50.392 billion in 2017. The report also showed deposits from customers increased from N2.062 trillion to N2.214 trillion. While, loans and advances moderated from N1.449 trillion to N1.354 trillion.

Speaking on the report, experts at FBN Quest said the single-digit in profit before tax growth was driven by the 52 percent year-on-year decline in loan loss provisions and a 41 percent growth in non-interest income.

“The growth in non-interest income was largely underpinned by foreign exchange (FX) revaluation gains of N5.5 billion (vsN306.4 million Q1 2017). In contrast, funding income declined by 10 percent. Further down the PAT grew by eight per cent to N44.4 billion, thanks to a lower effective tax rate of 15.1 percent vs. 17.7 percent Q1 2017. Sequentially, PBT grew five percent quarter on quarter (q/q), again, the reduction in loan impairment charges was the major driver. However, PAT fell by 13 percent q/q because of a 50 percent q/q spike in taxation. Compared with our forecasts, PBT and PAT beat by six percent and eight percent respectively, because non-interest income surprised positively."

GTBank is the first bank to release its financial performance this year.

http://investorsking.com/gtbank-announces-n45-billion-pat-q1/
Waiting for my dividends, no matter how little
Re: Gtbank Announces N45 Billion PAT In Q1 by sexdoll: 5:24pm On Apr 19, 2018
comshots:
The gtb sms's is not a dispense error.Especially the 737 transaction code.What about the SMS where they wish customers happy birthdays and still deduct #30 from his account balance.

Banks need to make money because you and I know banks are not charity organizations. tongue shocked
Re: Gtbank Announces N45 Billion PAT In Q1 by Flye: 8:37pm On Apr 19, 2018
ChidiAlaigbo:


Olodo, it is 'Declare'

. Na u be big olodo, u have to reason critically b4 you quote people.

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