Guaranty Trust Holding Company has reported a profit after tax of N865.75 billion for the 2025 financial year, alongside a dividend declaration of N12.76 per share.
The group disclosed this in its audited results for the year ended December 31, 2025, filed with the Nigerian Exchange Group and the London Stock Exchange.
Profit before tax stood at N1.23 trillion, driven by strong growth in core earnings, with interest income rising by 23.2 per cent and fee income by 25.9 per cent year-on-year.
The company noted that its 2024 performance, which recorded N1.27 trillion in profit, was boosted by N517.5 billion in fair value gains that did not recur in 2025. As a result, profit after tax declined from N1.02 trillion recorded in the previous year, reflecting the impact of fiscal policy changes, including withholding tax on short-term investment securities.
Despite this, GTCO maintained that its underlying earnings remained robust, supported by steady growth in core operating income.
Total assets expanded to N17.8 trillion, while shareholders’ funds rose to N3.4 trillion, underscoring the group’s strong balance sheet position. Its capital adequacy ratio remained high at 43.8 per cent.
Asset quality also improved, with IFRS 9 Stage 3 loans declining to 3.4 per cent at the bank level and five per cent at the group level, compared to 3.5 per cent and 5.2 per cent in 2024. Cost of risk moderated significantly to 2.2 per cent from 4.9 per cent.
Net loans grew by 12.4 per cent to N3.13 trillion, while customer deposits rose by 23.8 per cent to N12.87 trillion, reflecting sustained customer confidence.
Commenting on the performance, Group Chief Executive Officer Segun Agbaje said the results highlight the resilience of the group’s earnings base and its capacity for sustainable growth.
“Our 2025 results underscore the strength of our core earnings and our focus on building long-term value across our businesses. The dividend payout reflects both current performance and our confidence in the group’s future earnings potential,” he said.
Agbaje added that the group would continue to prioritise innovation, expand its ecosystem and deliver consistent returns to shareholders.