Guaranty Trust Holding Company Plc, also known as GTCO, recently released its financial results for the first half of 2025.
The company reported a profit before tax of ₦600.9 billion, which is a significant increase from the previous year.
This profit was mainly driven by strong performance in interest income and fee income, which grew by 31.5% and 33.0%, respectively.
The company saw growth across all its assets and maintained a well-structured and diversified balance sheet.
Total assets and shareholders’ funds closed at ₦16.7 trillion and ₦3.0 trillion, respectively.
The company’s Capital Adequacy Ratio (CAR) remained strong at 36.2%, indicating its financial stability.
Additionally, the company’s loan book and deposit liabilities both saw significant growth during the period.
Therefore, the Board has approved an interim dividend of ₦1.00 per share for the first half of 2025.
The Group CEO, Mr. Segun Agbaje, highlighted the company’s focus on sustainable growth and investment in technology to drive efficiency and scalability.
He emphasized the company’s commitment to delivering value to stakeholders and taking advantage of emerging opportunities.
Overall, GTCO Plc continues to perform well in the Nigerian Financial Services industry, with key financial ratios such as Pre-Tax Return on Equity (ROAE) of 60.4%, Pre-Tax Return on Assets (ROAA) of 10.6%, Capital Adequacy Ratio (CAR) of 36.2%, and Cost to Income ratio of 30.1%.
GTCO Plc is a leading financial services group with operations in Africa and the United Kingdom, known for its strong corporate governance and customer-centric approach.
The company offers a wide range of banking and non-banking services, including payments, funds management, and pension fund administration, with a focus on delivering long-term value and driving growth in its markets.
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