Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax (PBT) of N900.8 billion for the third quarter of 2025, according to its unaudited financial statements for the nine months ended September 30.
The results highlight the bank’s continued strong performance in Nigeria’s financial sector.
The growth in core earnings was a key driver, with interest income rising by 25.6 percent year‑on‑year and fee income increasing by 16.8 percent. Despite this, the bank recorded a 26 percent year‑on‑year decline in PBT compared to Q3 2024, a decrease largely attributed to a non‑recurring fair value gain of N523.2 billion in the previous year.
GTCO’s total assets stood at N16.7 trillion, while shareholders’ funds reached N3.3 trillion. The bank maintained a strong Capital Adequacy Ratio of 36.5 percent, reflecting its solid financial position and capacity to absorb potential risks.
The quality of the loan book improved, with Stage 3 loans under IFRS 9 dropping to 3.3 percent at the bank level and 4.4 percent at the group level. Cost of risk also improved to 2.2 percent, indicating effective risk management and prudent lending practices.
Group CEO Segun Agbaje commented on the results, saying, “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 report demonstrates GTCO’s sustained growth trajectory and reinforces its position as one of Nigeria’s leading financial institutions, with continued focus on operational efficiency and strategic expansion across its financial services portfolio.
