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Analyst: Olumide Sole 4th Quarter Performance GTCO recently released its Q4’23 results, reporting a 92% y/y growth in Gross Earnings to ₦336 billion. This was driven by a 90% y/y rise in Interest Income to ₦176 billion (Vetiva: ₦175 billion), due to the expansion of the bank’s loan book and effective repricing of its assets. […]
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Apr
Apr
Analyst: Olumide Sole 4th Quarter Performance In its Q4 results, UBA’s Gross Earnings came in at ₦767 billion, 213% higher y/y. This was as a result of a 199% y/y growth in the bank’s Interest Income to ₦409 billion, thanks to improvements across all the interest income lines. Meanwhile, Non-Interest Revenue (NIR) also grew by...
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