Guaranty Trust Holding Company Plc (GTCO) has released its unaudited financial results for the nine months ending September 30, 2025, showing another period of solid performance and growth across its business segments.
The Group posted a profit before tax (PBT) of ₦900.8 billion, mainly driven by higher earnings from interest and fees, which rose by 25.6% and 16.8% respectively, compared to the same period in 2024.
Although this figure represents a 26% dip from last year’s ₦1.22 trillion PBT—due to a one-time fair value gain of ₦523.2 billion in Q3 2024—it still reflects strong core business performance.
GTCO also recorded growth in its total assets and deposits, maintaining a stable and diversified balance sheet across banking, payments, pensions, and fund management.
As of September 30, 2025, the Group’s total assets stood at ₦16.7 trillion, while shareholders’ funds reached ₦3.3 trillion. Its Capital Adequacy Ratio (CAR) was 36.5%, showing strong financial health.
The quality of its loan portfolio also improved, with bad loans (IFRS 9 Stage 3) reducing to 3.3% at the Bank level and 4.4% at the Group level, compared to 3.5% and 5.2% in December 2024.
The Cost of Risk (COR) also dropped from 4.9% to 2.2%.
The Group’s loan book grew by 16.5%, from ₦2.79 trillion to ₦3.24 trillion, while customer deposits rose by 16.0%, from ₦10.40 trillion to ₦12.06 trillion.
Commenting on the results, Group Chief Executive Officer, Mr. Segun Agbaje, said the results reflect GTCO’s strength and consistency.
“Our third-quarter performance shows the resilience of our business model and the steady growth across both banking and non-banking services.
We continue to focus on efficiency and innovation to improve customer experience and strengthen our financial ecosystem,” he said.
Mr. Agbaje added that GTCO’s investments in digital and payment platforms are helping to deepen customer engagement and improve service delivery.
“We are committed to staying ahead through innovation, operational excellence, and a strong focus on customer satisfaction.
Our goal is to maintain growth momentum and deliver another year of leading performance,” he added.
GTCO remains one of Nigeria’s best-performing financial institutions, with a Return on Equity (ROAE) of 39.5%, Return on Assets (ROAA) of 7.6%, CAR of 36.5%, and a Cost-to-Income Ratio of 28.8%.
Guaranty Trust Holding Company Plc operates in Nigeria, other African countries, and the United Kingdom, offering banking, payments, pension, and fund management services.
The Group is well known for its innovation, strong governance, and dedication to delivering value to customers and investors.