GTCO Posts N600.9bn Profit in H1 2025 - Strong Financial Performance
Guaranty Trust Holding Company Plc (GTCO) reported a Profit Before Tax of N600.9 billion in H1 2025, showcasing a strong financial performance. The company's core earnings, including interest and fee income, grew by 33% and 40%, respectively.
Despite a dip in Profit Before Tax by 40%, the group demonstrated growth across its asset lines and maintained a diversified balance sheet. Notably, the Capital Adequacy Ratio (CAR) remained robust, asset quality improved, and the Cost of Risk (COR) decreased.
The bank's loan book and net deposit position also saw positive growth from December 2024 to June 2025.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
GTBank Reports N601bn Profit in H1 2025, Declares Dividend
GTCO Reports 22% Increase in Net Interest Income, Profits Dip by 36%
GTCO Boosts Capital Base to N500bn with Equity Injection into GTBank.
GTCO and MTN Nigeria Drive Nigerian Stock Market to N171 Billion Gain
GTCO's HabariPay Leads Bank-Owned Fintechs in Profit Growth
GTBank Bolsters Capital Base with N365.9bn Injection to Meet CBN Requirement
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
