GTCO Reports N15.94 Billion Profit from Subsidiaries in 2026

Guaranty Trust Holding Company Plc (GTCO) generated a combined profit before tax of N15.94 billion from its three non-banking subsidiaries—HabariPay Limited, Guaranty Trust Fund Managers Limited (GT Fund Managers), and Guaranty Trust Pension Managers Limited (GT Pension Fund Administrator)—in the first half of 2026. This represents an 85% increase from N8.62 billion in H1 2025.

HabariPay, GTCO’s fintech subsidiary, showed the strongest growth, with operating income rising to N9.44 billion from N5.05 billion, leading to a pre-tax profit of N7.81 billion, a 94% increase year-on-year. GT Fund Managers also performed well, with operating income increasing to N8.83 billion, resulting in a pre-tax profit of N7.21 billion.

GT Pension Fund Administrator reported a profit after tax of N927.84 million. The three subsidiaries collectively accounted for over 94% of the pre-tax profit, with significant balance sheet expansions noted.

All subsidiaries operate under governance frameworks aligned with GTCO’s standards.