Living Trust Mortgage Bank announces resignation of a director
Living Trust

Adebayo Obajemu

Living Trust Mortgage Bank last week published its Fourth Quarter result for the period ended, 31 December 2022.

The mortgage firm reported a turnover of N2.54 billion for the 12 months period, up by 55.98% from N1.63 billion reported the previous year.

Profit after tax increased year on year by 79.33% to N909.15 million from N506.96 million reported the previous year.
Earnings per share of the company stands at 18 kobo.
At the share price of N1.76, the P/E ratio of Living Trust Mortgage Bank stands at 9.68x with earnings yield of 10.33%.

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