GTCO Reports ₦1.23 Trillion Profit Before Tax for 2025

Guaranty Trust Holding Company PLC (GTCO) announced its financial results for the year ending December 31, 2025, reporting a profit before tax of ₦1.23 trillion. This figure reflects a decline from ₦1.02 trillion in 2024, attributed to recent fiscal policy changes impacting taxation on investment securities, particularly the introduction of withholding tax on short-term instruments.

Despite these challenges, GTCO's underlying earnings remained strong, with core interest income rising by 23.2% and fee income increasing by 25.9%. The company's total assets reached ₦17.8 trillion, and shareholders' funds amounted to ₦3.4 trillion, maintaining a capital adequacy ratio of 43.8%.

The net loan book grew by 12.4%, and deposit liabilities increased by 23.8%. Segun Agbaj, the Group Chief Executive Officer, highlighted the company's resilience and commitment to sustainable earnings growth, emphasizing a focus on strengthening its core banking operations and broader financial ecosystem.