Guaranty Trust Holding Company Plc (GTCO) has announced its Unaudited Consolidated and Separate Financial Statements for the period ending September 30, 2025, showcasing robust financial performance. The results were submitted to both the Nigerian Exchange Group (NGX) and the London Stock Exchange (LSE).
The Group reported a profit before tax of ₦900.8 billion, reflecting a year-on-year growth in core earnings. Interest income surged by 25.6%, while fee income increased by 16.8%. This strong performance helped mitigate a year-on-year decline in pre-tax profits, which narrowed to 26%, following the absence of ₦523.2 billion in fair value gains recognized in the third quarter of 2024.
GTCO also demonstrated growth across all asset lines, maintaining a diversified and healthy balance sheet in the jurisdictions where it operates. The total assets and shareholders’ funds stood at ₦16.7 trillion and ₦3.3 trillion, respectively. The Capital Adequacy Ratio (CAR) remained strong at 36.5%, while asset quality improved, with IFRS 9 Stage 3 loans reduced to 3.3% at the bank level and 4.4% at the group level.
The Group’s loan book showed significant growth, increasing by 16.5% from ₦2.79 trillion in December 2024 to ₦3.24 trillion by September 2025. Similarly, deposit liabilities rose by 16.0%, from ₦10.40 trillion to ₦12.06 trillion during the same period.
Mr. Segun Agbaje, Group Chief Executive Officer of GTCO, highlighted the results, stating, “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.” He emphasized the importance of operational efficiency and customer experience enhancements, particularly through improvements in digital and payments infrastructure.
Looking to the future, Agbaje expressed confidence in the Group’s growth trajectory, stating, “With a clear growth trajectory and strong organizational alignment, we are well-positioned to sustain performance momentum and deliver another year of industry-leading results.”
GTCO continues to lead the Nigerian Financial Services Industry with impressive key financial ratios, including a Pre-Tax Return on Equity (ROAE) of 39.5%, Pre-Tax Return on Assets (ROAA) of 7.6%, and a Cost to Income ratio of 28.8%.
As a prominent financial services group with operations across Africa and the United Kingdom, GTCO is recognized for its strong corporate governance, innovative solutions, and commitment to customer-centric services. The Group remains dedicated to delivering long-term value to stakeholders while fostering growth in its markets.
