• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Infinity Trust Mortgage Bank Posts N323.14m PAT

by Olushola Bello
3 years ago
in Business
Bank

Infinity Trust Mortgage Bank Plc

Share on WhatsAppShare on FacebookShare on XTelegram

Infinity Trust Mortgage Bank Plc has declared N323.14 million net profit in its half year results for the period ended June 30, 2022.

 

Advertisement

The bank, in its results released on the Nigerian Exchange (NGX) Limited, showed that profit after grew by 7.7 per cent from N300.1 million reported in half year ended June 30, 2021 to N323.14 million in 2022.

 

Also, profit before tax rose by 6.6 per cent to N340.6million in H1 2022 from N319.55million reported in H1 2021, while earnings per share recorded by the group grew by nearly nine per cent to 13.48 kobo achieved in H1 2022 from 12.38 kobo achieved in the H1 2021.

 

RELATED

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

10 hours ago
2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

11 hours ago

Obviously, the growth in profits was driven by 16 per cent increase in turnover to N909.21million in H1 2022 from N785.48 million reported in H1 2021. The company’s total assets hit N16.741 billion as against N15.003 billion.

 

The managing director/CEO of Infinity Trust Mortgage Bank, Sunday Clumorin stated that, the bank would be ahead of changing trends to deliver value to all stakeholders.

 

According to him, we will continue to explore opportunities and develop products that would deepen mortgage penetration.

 

Clumorin further said the bank would focus on entrenching the suitable structures and creating an agile and solution minded team capable of driving the vision and mission of the bank.

 

He said: “we have strategy of becoming the most dominant mortgage bank in Nigeria, we have begun the implementation of new strategies that would increase our customers acquisition while improving the number home owners in the country through our flexible mortgage products.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Infinity Trust Mortgage Bank Plc
SendShareTweetShare
Previous Post

Sterling Named Best Agric Credit Guarantee Scheme Participating Bank

Next Post

188 Internet Service Providers Active In Nigeria–NCC

Olushola Bello

Olushola Bello

You May Like

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth
Business

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

2025/06/07
2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities
Business

2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

2025/06/07
FCCPC To Prosecute PoS Operators Over Service Price Fixing
Business

FCCPC Sets Up Committee For Anti-counterfeit Portal

2025/06/07
Asharami Energy Commits To Local Capacity Devt, Sustainable Growth
Business

Asharami Energy Commits To Local Capacity Devt, Sustainable Growth

2025/06/07
BPP, CIPS Strengthen Partnership On Procurement Practice, Sign MoU
Business

BPP, CIPS Strengthen Partnership On Procurement Practice, Sign MoU

2025/06/07
Centre Partners Niger Delta Varsity On Marine Training
Business

Centre Partners Niger Delta Varsity On Marine Training

2025/06/07
Leadership Conference advertisement

LATEST

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

Tennis: Gauff Beats Sabalenka To Win French Open Title

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

Civil War Was For Unity, Not Hatred — Gowon

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

Eid-el-Kabir: CAN Preaches Unity, Support For Flood Victims

Taraba Rep Tafida Bags ‘Best Legislator 2025’ Award

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.