GTCO reported half-year profit of ₦603.03 billion

Guaranty Trust Holding Company Plc, known as GTCO, has reported a pre-tax profit 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.

Based on these results, GTCO’s pre-tax profit increased slightly compared to the same period in 2025. The company said interest income increased by 7.5 percent, while trading income grew by 24.7 percent.

GTCO’s total assets reached ₦18.6 trillion by the end of June 2026, while shareholder funds reached ₦3.3 trillion.

Corporate deposits also increased from ₦12.87 trillion at the end of 2025 to ₦14.19 trillion in June 2026.

GTCO said this performance was supported by banking, payments, pensions and fund management businesses.

The company also declared an interim dividend of ₦1 per share.

The company said it would continue to develop its digital and non-banking businesses as part of its plans to expand its financial services operations.

By: Precious Oluwadare