…….. Reports Profit Before Tax of ₦900.8billion
Guaranty
Trust Holding Company Plc (“GTCO” or “the Group”) has released its Unaudited
Consolidated and Separate Financial Statements as of September 30, 2025, to the
Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).
The Group posted profit before tax of ₦900.8billion on the back of strong performance on the core earnings lines of interest income and fee income, which grew y-o-y by 25.6% and 16.8% respectively. The strong core-earning performance continued to narrow the y-o-y dip in PBT to 26%, thereby cushioning the impact of the ₦523.2bn fair value gains recognised in Q3-2024, which did not recur in Q3-2025.
The Group
recorded growth across all its Asset lines and continues to maintain a
well-structured, healthy liquid and diversified balance sheet in all the
jurisdictions wherein it operates a Banking franchise, as well as across its
Payments, Pension and Funds Management business verticals.
Group’s
total assets and shareholders’ funds closed at ₦16.7trillion and ₦3.3trillion,
respectively. Capital Adequacy Ratio (CAR) remained very robust and strong,
closing at 36.5%, likewise asset quality improved as evidenced by IFRS 9 Stage
3 Loans which closed at 3.3% and 4.4% % at Bank and Group level in Q3-2025
(Bank 3.5%, Group 5.2% in December 2024). Cost of Risk (COR) also improved to
2.2% from 4.9% in December 2024. In specific terms, the Group’s loan book (net)
grew by 16.5% from ₦2.79trillion as of December 2024 to ₦3.24trillion in
September 2025. Similarly, deposit liabilities grew by 16.0% from
₦10.40trillion to ₦12.06trillion during the same period.
Commenting
on the results, the Group Chief Executive Officer of Guaranty Trust Holding
Company Plc, Mr. Segun Agbaje, said: “Our third quarter performance underscores
the consistency and resilience of our business model, as well as the continued
strength of our diversified financial services ecosystem. We are seeing steady,
sustainable growth across our banking and non-banking businesses, supported by
disciplined execution and a strong focus on operational efficiency. The
improvements we have made to our digital and payments infrastructure are
enhancing customer experience, deepening engagement, and driving greater
integration across our ecosystem.”
He further
stated: “Looking ahead, our focus remains on advancing our competitive edge
through innovation, operational excellence, and a commitment to superior
customer outcomes. With a clear growth trajectory and strong organisational
alignment, we are well-positioned to sustain performance momentum and deliver
another year of industry-leading results.”
Overall, the
Group continues to post one of the best metrics in the Nigerian Financial
Services Industry in terms of key financial ratios i.e., Pre-Tax Return on
Equity (ROAE) of 39.5%, Pre-Tax Return on Assets (ROAA) of 7.6%, Capital
Adequacy Ratio (CAR) of 36.5% and Cost to Income ratio of 28.8%.
Guaranty
Trust Holding Company Plc is a leading financial services group with operations
across Africa and the United Kingdom. Renowned for its strong corporate
governance, innovative financial solutions, and customer-centric approach, GTCO
Plc provides a wide range of banking and non-banking services, including
payments, funds management, and pension fund administration. The Group is
committed to delivering long-term value to stakeholders while driving growth
and development across its markets
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