Guaranty Trust Holding Company Plc (GTCO) has announced a profit before tax of ₦1.23 trillion for the 2025 financial year, underscoring strong core earnings growth and reaffirming its capacity to deliver sustained shareholder value.
The Group disclosed its audited consolidated and separate financial statements for the year ended December 31, 2025, to the Nigerian Exchange Group (NGX) and the London Stock Exchange (LSE).
GTCO’s performance was driven by a 23.2 per cent increase in interest income and a 25.9 per cent rise in fee income year-on-year. Although profit after tax declined to ₦865.75 billion from ₦1.02 trillion in 2024, the drop reflects the absence of prior fair value gains and the impact of new fiscal policies, including withholding tax on short-term investment instruments.
Despite these headwinds, the Group maintained a strong and diversified balance sheet across its banking, payments, pension, and funds management businesses. Total assets rose to ₦17.8 trillion, while shareholders’ funds stood at ₦3.4 trillion at the close of 2025.
Key financial indicators remained robust, with Capital Adequacy Ratio (CAR) at 43.8 per cent and improved asset quality reflected in IFRS 9 Stage 3 loans, which declined to 3.4 per cent at the bank level and 5.0 per cent at the Group level. Cost of Risk also improved significantly to 2.2 per cent from 4.9 per cent in the previous year.
The Group’s loan book expanded by 12.4 per cent to ₦3.13 trillion, while deposit liabilities surged by 23.8 per cent to ₦12.87 trillion, highlighting sustained customer confidence and business growth.
Commenting on the results, Group Chief Executive Officer Segun Agbaje said the 2025 performance reflects the resilience of the Group’s earnings base.
“Our 2025 result underscores the resilience and depth of our earnings capacity. Following a record 2024, our focus has been on strengthening the sustainability of our earnings by driving growth across our core banking and ecosystem businesses,” he said.
Agbaje added that the record dividend payout demonstrates the Group’s confidence in its long-term profitability and commitment to delivering superior returns to shareholders.
GTCO continues to rank among the top performers in Nigeria’s financial services sector, posting key ratios including Return on Equity of 28.3 per cent, Return on Assets of 5.3 per cent, and a Cost-to-Income Ratio of 27.9 per cent.
With operations spanning Africa and the United Kingdom, the Group remains focused on innovation, ecosystem expansion, and delivering consistent value across its financial services platforms.
