Based on the Audited Financial Statement for the year ended December 31, 2024, LivingTrust Mortgage Bank PLC has reached a milestone in mortgage banking by declaring a Profit Before Tax (PBT) of ₦981.2 million, which is one of the highest in the bank’s history.
In an increasingly-challenging macro-economic environment, marked by inflationary pressures, exchange rate volatility, and tighter regulatory oversight, the Profit Before Tax (PBT) record stands as a testament to strategic resilience.
The bank’s Board and Management team have demonstrated commendable financial stewardship, balancing risk, maintaining asset quality and driving profitability with a clear long-term view.