GTCO reports N603.03bn H1 pre-tax profit, pays N1 interim dividend

Guaranty Trust Holding Company Plc (GTCO) announced its H1 2026 results, revealing a pre-tax profit of N603.03 billion, marking a modest 0.35% increase from N600.90 billion in the same period last year. Gross earnings grew by 3.25% to N1.11 trillion, with interest income up by 7.51% to N873.39 billion. However, profit after tax slipped by 7.76% to N414.19 billion, largely due to a 24.33% rise in income tax expense to N188.85 billion. The company also declared an interim dividend of N1.00 per ordinary share.