Guaranty Trust Holding Company Plc (GTCO) has reported a profit after tax of ₦865.75 billion for the fiscal year ended December 31, 2025, alongside a declared dividend of ₦12.76 per share. The audited financial statements, filed with the Nigerian Exchange Group (NGX) and the London Stock Exchange (LSE), highlight sustained core earnings growth despite a year-on-year decline in headline profit attributed to updated fiscal policies.
The holding company recorded a profit before tax of ₦1.23 trillion. Operating performance was supported by a 23.2 percent increase in interest income and a 25.9 percent rise in fee income compared to the previous year. Profit after tax decreased from the ₦1.02 trillion reported in 2024, primarily due to recent adjustments in the taxation of investment securities, particularly the withholding tax on short-term instruments. The prior year’s result was also elevated by non-recurring fair value gains of ₦517.5 billion. Management noted that underlying operational earnings remain robust when normalized for these fiscal changes.
GTCO maintained a diversified financial footprint across commercial banking, digital payments, pensions, and fund management. Total assets closed at ₦17.8 trillion, with shareholders’ equity reaching ₦3.4 trillion. The capital adequacy ratio held steady at 43.8 percent, while asset quality metrics improved. IFRS 9 Stage 3 loans decreased to 3.4 percent at the bank level and 5.0 percent at the group level, down from 3.5 percent and 5.2 percent in December 2024. The cost of risk also declined significantly from 4.9 percent to 2.2 percent. On the balance sheet, the net loan book expanded by 12.4 percent to ₦3.13 trillion, while deposit liabilities grew by 23.8 percent to ₦12.87 trillion.
Group Chief Executive Officer Segun Agbaje stated that the results underscore the organization’s capacity to sustain profitability amid tighter regulatory parameters and currency fluctuations. The declared dividend reflects both current operational performance and confidence in long-term revenue generation. GTCO’s financial metrics remain competitive within the broader regional financial sector, recording a post-tax return on equity of 28.3 percent, a return on assets of 5.3 percent, and a cost-to-income ratio of 27.9 percent. The group indicated it will continue scaling its integrated financial services platform to deliver consistent earnings and expand ecosystem offerings in the upcoming fiscal period.
