Guaranty Trust Holding Company Plc has posted a Profit Before Tax (PBT) of N879.9 billion in its nine months operations against N900.8 billion recorded in the corresponding period in 2025.

In its unaudited consolidated and separate financial statements for the period ended September 30, 2026, the group’s total assets grew by 3.5 per cent to N18.37 trillion while shareholders’ funds closed at N3.5 trillion.

The bank’s Capital Adequacy Ratio (CAR) remained very strong at 34.2.per cent. Asset quality improved, with IFRS 9 Stage 3 Loans closing at 4.0 per cent at Group level and 3.4 per cent at the bank level. Cost of Risk (COR) also improved to 0.9 per cent from 2.2 per cent over the same period, while coverage for credit-impaired loans closed at 130.7 per cent.

In addition, the bank’s deposit liabilities grew by 8.6 per cent from N12.87 trillion in December 2025 to N13.98 trillion in September 2026, reflecting the continued strength of the group’s deposit franchise, while the net loan book moderated by 4.1 per cent to N3.00 trillion, in line with the Group’s disciplined approach to risk asset creation.

Earnings quality also improved, with funded income rising to 77.8 per cent of gross earnings and net core earnings growing by 4.4 per cent to N1.505 trillion, while Profit After Tax closed at N614.6 billion from N699.6 billion recorded during the same period in 2025 reflecting changes to Companies Income Tax regulation which affected capital allowance reliefs.

Commenting on the results, the Group Chief Executive Officer of the bank, Segun Agbaje, said: “Our performance in the Q3 reflects the strength of a franchise built on scale, efficiency and discipline. Despite a challenging operating environment and significant fair value losses in the period, our core earnings continued to grow, our deposit base expanded strongly, our cost efficiency remains among the best in the industry, and our balance sheet remains strong, liquid and well capitalised.

“Looking ahead, we will always optimise risk-free returns wherever we see them and will always be positioned to take advantage of arbitrage opportunities as market conditions evolve, without compromising the quality of our risk assets. We will also continue to evolve our platforms and adapt to new technologies to meet the changing needs of our customers, as we remain focused on delivering sustainable value and superior returns to our shareholders.”