Guaranty Trust Holding Company Plc (GTCO) has released its audited consolidated and separate financial results for the year ended December 31, 2025, to both the Nigerian Exchange Group (NGX) and the London Stock Exchange (LSE).

The Group reported a profit before tax (PBT) of ₦1.23 trillion and a profit after tax (PAT) of ₦865.75 billion. It also announced a dividend payout of ₦12.76 per share to shareholders.

The strong performance was driven by sustained growth in core earnings, with interest income rising by 23.2 percent year-on-year and fee income increasing by 25.9 percent.

GTCO noted that its results highlight its ability to generate stable and sustainable earnings, building on the momentum from 2024 when it recorded a profit of ₦1.27 trillion. However, the prior year’s performance included ₦517.5 billion in fair value gains, which did not recur in 2025.

The decline in profit after tax compared to ₦1.02 trillion recorded in 2024 was attributed to recent fiscal policy changes, particularly the introduction of withholding tax on short-term investment securities. Despite this, the Group emphasized that its underlying earnings remain strong when adjusted for these factors, supported by solid growth in core operating income.

GTCO maintained a robust and well-diversified balance sheet across its banking operations as well as its payments, pension, and asset management businesses. Total assets stood at ₦17.8 trillion, while shareholders’ funds closed at ₦3.4 trillion.

Key financial indicators remained strong. The Capital Adequacy Ratio (CAR) was 43.8 percent, while asset quality improved, with IFRS 9 Stage 3 loans declining to 3.4 percent at the bank level and 5.0 percent at the Group level. The Cost of Risk (COR) also improved significantly to 2.2 percent from 4.9 percent in 2024.

The Group’s loan book grew by 12.4 percent to ₦3.13 trillion, up from ₦2.79 trillion in December 2024. Deposit liabilities also rose by 23.8 percent to ₦12.87 trillion during the same period.

Commenting on the results, the Group Chief Executive Officer, Segun Agbaje, said the 2025 performance reflects the resilience and depth of the company’s earnings capacity. He noted that the Group’s focus remains on strengthening sustainable earnings through growth in core banking and its broader financial ecosystem.

Agbaje added that the strong underlying performance, achieved despite a stronger naira and tighter regulatory conditions, demonstrates the quality of the Group’s operations and strategic discipline. He also highlighted that the record dividend payout underscores confidence in GTCO’s long-term profitability and commitment to delivering value to shareholders.

Looking ahead, the Group plans to continue expanding its financial ecosystem, drive innovation, and maintain consistent, high-quality earnings.

Overall, GTCO continues to rank among the top performers in Nigeria’s financial services sector, with key metrics including a return on equity (ROAE) of 28.3 percent, return on assets (ROAA) of 5.3 percent, a capital adequacy ratio of 43.8 percent, and a cost-to-income ratio of 27.9 percent.