Earnings Report

Fx Revaluation Gain Boosted Gtbank H1 2016 Financials, Announces 25k Interim Div.(Hold)

Brief

  • Foreign Exchange Revaluation gain for the period stands at N61.25 billion against N6.55 billion reported in similar quarter of 2015
  • Earnings yield over current market price is estimated at 10.55%
  • Book value per share is estimated at N15.39, higher than the N13.08 estimated last year.
  • Return on Average Equity is 17.11% while Return on Average Assets is 2.64%
  • 25k Interim Dividend is reported for the period
  • Interim dividend payout ratio is 9.5% while sustainable growth rate is 15.48%.
  • See below for details

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Earnings Report

Fx Revaluation Gain Boosted Gtbank H1 2016 Financials, Announces 25k Interim Div.(Hold)

Brief

  • Foreign Exchange Revaluation gain for the period stands at N61.25 billion against N6.55 billion reported in similar quarter of 2015
  • Earnings yield over current market price is estimated at 10.55%
  • Book value per share is estimated at N15.39, higher than the N13.08 estimated last year.
  • Return on Average Equity is 17.11% while Return on Average Assets is 2.64%
  • 25k Interim Dividend is reported for the period
  • Interim dividend payout ratio is 9.5% while sustainable growth rate is 15.48%.
  • See below for details

Read More

Comment here