GTBank Business and Financial Performance
Profit Drivers
Strong revenue growth across all lines
Revenue mix consists of
Interest Income - N200.60bn (72.02% of revenue)
December 2013 - N185.38 (76.39% of income)
Non interest Income - N77.92bn (27.98% of revenue)
December 2013 - N57.28bn (23.61% of income)
Revenue mix (N'bn)
46.29
112.40
126.47
200.60
185.38
170.30
77.92
57.99
57.28
51.12
Interest Income
Interest Income: N200.6bn Up 8.21% from 2013
8.21% growth in Interest Income driven by:
-
-
-
19.65% growth in income from loans and advances
interest income growth is largely attributable to loan
growth as yields stayed stable through most of 2014.
decline in income from investment securities was due to
AMCON bonds which matured and were redeemed in 2014
Dec-10
Non Interst Income
Dec-11
Dec-12
Dec-13
Dec-14
Interest Income
Interest income (N'bn)
86.26
88.49
117.99
114.25
■ Non-interest Income
Non-Interest Income: N77.92bn Up 36.03% from 2013
36.03% growth in non-interest driven by:
-
31.88% growth in income from financial guarantees
gains in income from increased e- business and card
related transactions on our growing retail customer base
168% growth in net gains on financial instruments
classified as held for trading
62.54
54.86
50.70
27.67
17.92
10.31
8.22
5.34
4.85
4.57
Dec-10
Placements
Dec-11
Investment Securities
Dec-12
Dec-13
Loans and Advances
Non-Interest income (N'bn)
33.63
14.47
12.66
GTBank
141.18
Dec-14
47.97
46.63
45.45
43.52
10.65
5.67
29.95
Dec-10
Dec-11
Dec-12
Dec-13
Dec-14
Other income
Fee and Commission Income
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