GTCO Achieves Lowest Cost-to-Income Ratio in Banking

GTCO (Guaranty Trust Holding Company PLC) achieved the lowest cost-to-income ratio in the Nigerian banking sector at 27.86% for the 2025 financial year, according to an analysis of nine deposit money banks (DMBs). This ratio is a critical indicator of operational efficiency, with lower figures reflecting better cost management.

GTCO's operational expenses rose to ₦475.4 billion, a 17.9% increase from ₦403.0 billion in 2024, while operational income increased by 31.05% to ₦4.09 trillion. The analysis also noted that GTCO's return on equity (ROE) was 70.2% in 2025, up from 48.2% in 2024.

Other banks, such as Zenith Bank and Stanbic IBTC, reported cost-to-income ratios of 45.20% and 36.80%, respectively. Mr.

David Adnori, Vice President at Highcap Securities, stated that the cost-to-income ratio is a measure of a bank's efficiency in managing its expenses relative to its income.