GTCO Reports N879.9bn Profit Before Tax for 2026

Guaranty Trust Holding Company Plc (GTCO) announced its unaudited consolidated and separate financial statements for the period ending September 30, 2026, reporting a Profit Before Tax (PBT) of N879.9 billion. This figure reflects a slight decrease of 2.3 percent from N900.8 billion in Q3 2025, driven by growth in interest income, fees and commission income, and trading income, which increased by five percent, 1.4 percent, and 3.1 percent respectively.

The Group's total assets rose by 3.5 percent to N18.37 trillion from N17.76 trillion in December 2025, while shareholders' funds reached N3.5 trillion. The Capital Adequacy Ratio (CAR) remained strong at 34.2 percent.

Despite an N87.9 billion fair value loss, the Group improved its asset quality, with IFRS 9 Stage 3 Loans at four percent. The net loan book decreased by 4.1 percent to N3.00 trillion.

Profit After Tax was reported at N614.6 billion, influenced by changes in Companies Income Tax regulation. Mr. Segun Agbaje, the Group Chief Executive Officer, commented on the results, emphasizing the strength of the franchise and the Group's commitment to optimizing risk-free returns.