Blog Details

Guaranty Trust Holding Company Plc reported a pre-tax profit of N1.23 trillion for the year ended December 2025, representing a decline of 2.78% compared to N1.27 trillion recorded in the prior year.

Profit after tax also declined 14.94% to N865 billion, compared to the record N1 trillion posted a year earlier.

Gross earnings printed N2.215 trillion, reflecting a relatively flat revenue profile, increasing marginally year-on-year.

A review of the company’s top-line shows interest income rose to N1.6 trillion from N1.3 trillion in the previous year.

After accounting for an interest expense of N392.5 billion, up 38.6%, net interest income settled at N1.26 trillion, rising from N1.05 trillion the previous year.

On the non-interest side, fees and commissions increased to N278.5 billion, and after N34.1 billion in related expenses, the net amount stood at N244.3 billion, up 28.8% YoY.

The group also earned N78.7 billion from holding gains on tradable financial instruments and reported N139.9 billion in other income, largely driven by recoveries and FX revaluation gains.

However, rising personnel expenses of N101 billion, depreciation and amortization of N89.5 billion, and other operating expenses of N284.8 billion pressured earnings, leaving pretax profit flat at N1.23 trillion, with N865.7 billion after tax.

On the balance sheet, total assets increased to N17.7 trillion from N14.7 trillion in the previous year.

Total liabilities spiked from N12.08 trillion to N14.3 trillion, with customer deposits making up N12.5 trillion of the obligations.

Equity rose to N3.4 trillion from N2.7 trillion, supported mainly by retained earnings, which increased to N1.7 trillion from N1.3 trillion the previous year.

Commenting on the 2025 results, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr. Segun Agbaje, highlighted the company’s financial performance and strategic priorities.

He noted that following a strong 2024, the focus has been on building sustainable earnings by growing core banking and ecosystem businesses despite tighter regulations and a stronger Naira.

Market reaction

The results were published after market close on 31 March 2026, so the market is yet to fully react and may adjust in the coming trading sessions.

However, year-to-date the stock has gained over 24% on the NGX, with more than 1.6 billion shares traded so far.