Guaranty Trust Holding Company Plc has posted a profit before tax of N600.9 billion in its half-year operations.
The strong core-earning performance doused the fear over the impact of the N493.01 billion fair value gains realised in H1-2024, which did not recur in H1-2025.
The group’s total assets and shareholders’ funds closed at N16.7 trillion and N3 trillion, respectively, while the capital adequacy ratio (CAR) stood at 36.2 per cent.
Asset quality also improved, as evidenced by IFRS 9 stage 3 loans, which closed at 3.2 per cent at the bank level and 4.5 per cent at the group level, just as the cost of risk (COR) improved to 1.7 per cent from 4.9 per cent in December 2024.
In specific terms, the Group’s loan book (net) grew by 20.5 per cent from a N2.79 trillion position of December 2024 to N3.36 trillion in June 2025.
Similarly, deposit liabilities grew by 16.6 per cent, from N10.4 trillion to N12.13 trillion during the same period. The board approved an interim dividend of N1 per share for H1.
Group Chief Executive Officer, Segun Agbaje, said: “Our half-year performance reflects the strength of our core business and the progress we are making in building a truly diversified financial services ecosystem. Beyond the extraordinary one-off gains of last year, we are now driving sustainable growth with recurring earnings that highlight the resilience and scalability of our model.
“A key driver of this momentum is our continued investment in technology, particularly the comprehensive upgrade of our core banking systems, which is already delivering stronger uptime, greater efficiency, and increased capacity to scale as our customer base grows.
“Across banking, funds management, pension and payments, we are leveraging a fully de-risked balance sheet to reinforce our market position while maintaining strategic flexibility for growth. This foundation positions us to take advantage of emerging opportunities and deliver lasting value for all stakeholders.”
Overall, the group continues to post one of the best metrics in the Nigerian financial services industry in terms of key financial ratios.
