Infinity Trust Mortgage Bank reports N184.4m as profit in Q1 2023

Infinity Trust Mortgage Bank Plc has published its First Quarter report for the period ended 31 March 2023.

The Company reported a turnover of N554 million for the 3 months period up by 19.62% from N463 million reported the previous year.

Profit after tax of N184.4 million was reported by the Company, up by 7% from N172.3 million reported in Q1 2022.

Earnings per share of the company stands at 4 kobo.

At the share price of N1.28, the P/E ratio of Infinity Trust Mortgage Bank Plc stands at 28.95x with earnings yield of 3.45%.

Source: Infinity Trust Mortgage Bank reports N184.4m as profit in Q1 2023 – StocksWatch (stocksng.com)

Related Posts

24

Sep
Business & Economy

Airtel Africa Updates on Share Buy-Back Programme

Airtel Africa Plc has entered into new arrangements with Barclays Capital Securities Limited to support its ongoing share buy-back programme, including during the forthcoming closed period. The total size of the programme remains unchanged. The Company had earlier, on 14 May 2025, announced the commencement of the second tranche of its share buy-back for up to $55 […]