Infinity Trust Mortgage Bank Plc records a 60% increase in profit after tax in Q1 2021.

Infinity Trust Mortgage Bank Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Turnover for the period was N382.97 million. (+21.1% YoY)
• Net fee and commission income of N25.8 million. (+19.1% YoY)
• Total operating income of N338.1 million. (+28.4% YoY)
• Total operating expenses of N178.93 million. (+8.31% YoY)
• Profit after tax was N145.27 million. (+60% YoY)
• Earnings per share of 13 kobo vs 8 kobo YoY.

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