Guaranty Trust Holding Company (GTCO) has reported a 39 percent increase in profit before tax (PBT) to ₦299 billion for the third quarter of 2025, reflecting strong performance across its banking and non-banking subsidiaries.
According to the group’s financial statement released on Thursday, gross earnings grew by 32 percent year-on-year to ₦540 billion, driven by higher interest income, trading gains, and robust fee-based revenues. The report added that GTCO’s total assets rose to ₦10.4 trillion, up from ₦9.7 trillion recorded at the end of 2024.
In a statement cited by BusinessDay, Group Chief Executive Officer Segun Agbaje said the strong performance underscores GTCO’s resilience and commitment to sustainable growth amid challenging economic conditions. “We remain focused on delivering superior value to our stakeholders by expanding our digital and financial services ecosystem,” he said.
Bloomberg reported that the group’s non-banking units, including GTBank, GTCO Pensions, and GTCO Asset Management, all contributed significantly to the profit surge. The company also announced plans to scale its fintech operations and explore regional expansion in 2026.
