Infinity Trust Mortgage Bank grows profit after tax by 99% to N300.1 million in H1 2021.

Infinity Trust Mortgage Bank Plc released its unaudited results for the half year ended 30th of June, 2021.

• Turnover for the period was N785.5 million. (+35.02% YoY)
• Net fee and commission income was N59.97 million. (+74.1% YoY)
• Operating income of N673.33 million. (+40.2% YoY)
• Personnel expenses totalled N136.1 million. (+13.7% YoY)
• Total operating expenses of N368.3 million. (+20.1% YoY)
• Profit after tax was N2300.1 million. (+99.4% YoY)
• Earnings per share of 13.4 kobo Vs 6.2 kobo YoY.

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