GTCO Reports 22% Increase in Net Interest Income, Profits Dip by 36%

Guaranty Trust Holding Company Plc (GTCO) disclosed a 22% rise in net interest income to N952.1 billion for the nine months ending September 30, 2025. However, the company saw a 36% decline in profits due to a significant increase in interest expenses and operational costs.

Despite a modest increase in loan impairments, GTCO maintained a strong margin. Non-interest revenue also increased by 17%, supported by a rise in fee and commission income.

The company's bottom line closed at N699.6 billion, with earnings per share dropping to N20.71.