Lagos, Nigeria | September 24, 2025
Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of ₦600.9 billion for the half-year ended June 30, 2025, reflecting resilience in its core earnings despite the absence of extraordinary gains that boosted results in the previous year.
According to the company’s financial statements, profit after tax stood at ₦449.0 billion, representing a sharp decline from ₦905.6 billion recorded in the same period of 2024.
The drop was largely attributed to weaker non-interest income, particularly from fair value gains, which fell significantly year-on-year.
GTCO, however, maintained growth in its net interest income, underlining the strength of its core banking operations.
Gross earnings for the group closed at ₦1.07 trillion, down from ₦1.39 trillion in the corresponding period last year.
The Board of Directors approved an interim dividend of ₦1.00 per share, unchanged from the payout in the prior half-year. Earnings per share declined to 13.59 kobo compared with 32.12 kobo in 2024.
The group reaffirmed its commitment to sustaining shareholder value, noting that its diversified operations across banking, pensions, and payments continue to provide a solid base for long-term performance despite prevailing macroeconomic headwinds.
