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Livingtrust Mortgage Bank
WA
WaneInvestmentHouse
WaneInvestmentHouse
Community Contributor

LivingTrust Mortgage Bank PLC Delivers Record Profit Amidst Challenging Economic Environment

LivingTrust Mortgage Bank PLC has achieved a remarkable Profit Before Tax (PBT) of ₦981.2 million for the year ended December 31, 2024, marking one of the highest profits in the bank’s history despite operating in a tough macroeconomic landscape. The results are a testament to the bank’s ability to adapt and thrive, even in the face of inflationary pressures, exchange rate volatility, and stricter regulatory frameworks.
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₦4.00
FV
83.0% overvalued intrinsic discount
32.71%
Revenue growth p.a.
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3 months ago author updated this narrative