GTCO reports ₦603.03bn half-year profit
Guaranty Trust Holding Company Plc, popularly known as GTCO, has reported a profit before tax of ₦603.03 billion for the first half of 2026. The company released its audited financial results for the six months ended June 30, 2026, on Tuesday, September 29. According to the results, GTCO’s profit before tax increased slightly compared with […] The post GTCO reports ₦603.03bn half-year profit…
Guaranty Trust Holding Company Plc, commonly known as GTCO, announced a profit before tax of ₦603.03 billion for the first half of 2026 on Tuesday, September 29. The financial results, audited and released, covered the six months ending June 30, 2026. The company's profit margin showed a slight increase compared to the same period in 2025.
GTCO noted a 7.5% rise in interest income and a significant 24.7% boost in trading income. The total assets of the company amounted to ₦18.6 trillion by the end of June 2026, with shareholders' funds valued at ₦3.3 trillion. Deposit levels expanded from ₦12.87 trillion at the end of 2025 to ₦14.19 trillion by June 2026. The company attributed its success to its banking, payments, pension, and funds-management divisions.
GTCO also announced an interim dividend of ₦1 per share. The firm plans to further develop its digital and non-banking services to bolster its financial operations moving forward.
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