- Profitability: Guaranty Trust Holding Company Plc (GTCO) has declared a profit before tax (PBT) of N300.4 billion for Q1 2025, driven by strong interest income and fee income growth.
- Income Growth: Interest income rose by 41.1% year-on-year, while fee income increased by 41.2% in Q1 2025.
- Loan Book and Deposits: The group’s loan book (net) grew by 15.6% to N3.22 trillion, while deposit liabilities increased by 7.7% to N11.20 trillion.
- Robust Balance Sheet: GTCO’s total assets and shareholders’ funds stood at N15.9 trillion and N3.0 trillion, respectively, reflecting a robust and well-diversified balance sheet.
GTCO’s strong performance in Q1 2025 demonstrates the group’s ability to generate sustainable earnings across its business verticals. The growth in interest income and fee income highlights the effectiveness of the group’s diversified revenue base and healthy balance sheet.
The group’s CEO, Segun Agbaje, expressed optimism about the year ahead, citing the strong fundamentals of the business, growing customer base, and disciplined execution of strategic priorities. With its robust financial position, GTCO is well-positioned to deliver a strong performance for the full year 2025.
