Living Trust Mortgage Bank Plc has announced its financial results for the third quarter ended September 30, 2024.
The bank reported a significant increase in gross earnings, reaching N2.744 billion for the nine-month period, up from N1.964 billion in the previous year. Profit after tax also rose by 44.18% to N751.658 million.
Earnings per share stood at 15 kobo, while the P/E ratio at a share price of N3 was 19.96x with an earnings yield of 5.01%.
Overall, the results demonstrate a positive financial performance for Living Trust Mortgage Bank in the third quarter of 2024.
