GTBank Business and Financial Performance
Profitability (Group)
Continued drive for profitability
■ Post-tax ROAE: 27.93%
(Dec 2013 ROAE: 29.32%)
■ Post-tax RoAA: 4.43%
(Dec 2013 ROAA: 4.69%)
☐ Pre-tax RoAE: 32.94%
(Dec 2013 ROAE: 34.87%)
Pre-tax RoAA: 5.22%
(Dec 2013 ROAA: 5.58%)
■ PBT: N116.39bn Up 8.68% from 2013
(Dec 2013 PBT: N107.09%)
■ PAT: N98.69bn Up 9.63% from 2013
(Dec 2013 PBT: N90.02%)
Returns on Average Assets/ Equity (ROAA/ROAE)
23.15%
19.09%
GTBank
33.98%
29.32%
27.93%
5.22%
4.69%
3.53%
3.73%
4.43%
Dec-10
Dec-11
Return on Average Assets (ROAA)
Profit before tax (N'bn)
Dec-12
Dec-13
Dec-14
Return on Average Equity (ROAE)
Profitability driven by
-
-
-
-
strong 27.12% loan book growth, premised on decent growth
in deposit liabilities
Improvement in commissions earned as a result of increased
transaction volumes
growth in commissions from financial guarantees, foreign
exchange trading and e-banking
effective management of the Bank's fx position
11.92% growth in income from subsidiaries
effective cost management, cost to income ratio remained
below 45%
62.08
46.28
Dec-10
116.39
107.09
103.03
Dec-11
Dec-12
Dec-13
Dec-14
Profit Before Taxes
Consistent dividend payments (NGN)
1.75
1.70
1.55
■ Total year dividend
-
Final dividend - 150k
-
Interim dividend - 25k
Total Year Dividend - 175k
1.10
1.00
61.35%
62.15%
53.45%
58.42%
55.21%
Dec-10
Dec-11
Dec-12
Dec-13
Dec-14
14
Total Dividend
Payout RatioView entire presentation