GTCO Reports N879.9bn Profit Before Tax for 2026

Guaranty Trust Holding Company (GTCO) Plc announced a profit before tax of N879.9 billion for the nine months ended September 30, 2026. This figure was disclosed in the unaudited consolidated and separate financial statements released to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).

The profit was supported by year-on-year growth in core earnings, with interest income increasing by 5.0 percent, fees and commission income by 1.4 percent, and trading income by 3.1 percent. Despite facing a fair value loss of N87.9 billion, the profit before tax slightly decreased by 2.3 percent from N900.8 billion in Q3 2025.

The Group's total assets rose by 3.5 percent to N18.37 trillion, while shareholders’ funds reached N3.5 trillion. Deposit liabilities increased by 8.6 percent to N13.98 trillion, and the net loan book decreased by 4.1 percent to N3.00 trillion.

The Capital Adequacy Ratio remained strong at 34.2 percent, and asset quality improved, with IFRS 9 Stage 3 Loans at 4.0 percent. Profit after tax was N614.6 billion, down from N699.6 billion in Q3 2025.