GTBank Business and Financial Performance
Financial Highlights
Financial Highlights
December 2014
• PBT: 116.39bn (December 2013: 107.09bn),
• PAT: #98.69bn (December 2013: #90.02bn),
• ROAE: 27.93%
ROAA: 4.43%
8.68%
9.63%
• EPS: 347k
Revenue Generation
Robust and sustainable
• Total Year Dividend: 175k per share (150k final, 25k interim)
• Loan book (Net): 1,281.37bn (December 2013: 1,007.97bn)
• Interest Income: 200.60bn (December 2013: #185.38bn),
• Non Interest Income: #77.64bn (December 2013: #57.28bn)
Deposits: 1.65trn (December 2012 : #1.44trn)
•
27.12%
8.21%
35.27%
14.36%
Operational efficiency
Key factor for success
• Cost to income ratio: 44.79% (December 2013: 43.53%)
• Management's current drive is for sustainable efficiency in operations with an aim to achieve
40% cost-to-income ratio by 2016
Margins, Quality
and Capitalization
Resilient
• Net Interest Margin: 8.10% (December 2013: 8.87%),
•
NPLS: 3.15% (December 2013: 3.58%)
Coverage ratio: 143.22% (December 2013: 110.55%)
Capital Adequacy Ratio (Basel II): 21.40% (December 2013: 23.91%)
GTBank
Subsidiaries
Strong growth potential
•
Despite Ebola pandemic in Sierra Leone and Liberia, both subsidiaries showed strong PBT growth
• Our newly acquired subsidiaries, have shown impressive PBT growth in 2014 owing to increased
operating efficiency by the GTBank management team
• PBT from subsidiaries grew 11.92% in 2014 and now contribute 7.15% to GTBank's PBT, an
improvement in line with the Bank's goal of a 10% PBT contribution from subsidiaries by 2016
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