Nigeria’s financial services giant, Guaranty Trust Holding Company Plc (GTCO), has recorded a profit before tax (PBT) of N900.8 billion for the third quarter ended 30 September 2025.
This stellar performance was driven by robust growth in interest and fee income, rising 25.6 % and 16.8 % respectively, helping the Group offset the absence of a N523.2 billion fair value gain it recorded in Q3 2024.
GTCO’s total assets closed at N16.7 trillion and shareholders’ funds at N3.3 trillion.
The Group reported a Capital Adequacy Ratio (CAR) of 36.5 % and an improved Stage 3 loan ratio of 3.3 % at the bank level (vs 3.5 % in December 2024), signalling strong balance-sheet quality.
Loan book growth and deposit expansion also featured prominently: net loans rose 16.5 % from N2.79 trillion (Dec-24) to N3.24 trillion (Sep-25), while deposits increased by 16.0 % from N10.40 trillion to N12.06 trillion over the same period.
Commenting on the results, Mr Segun Agbaje, GTCO group CEO, stated:
“Our third-quarter performance underscores the consistency and resilience of our business model, as well as the continued strength of our diversified financial services ecosystem. We are seeing steady, sustainable growth across our banking and non-banking businesses, supported by disciplined execution and a strong focus on operational efficiency.”
Looking ahead, he affirmed:
“With a clear growth trajectory and strong organisational alignment, we are well-positioned to sustain performance momentum and deliver another year of industry-leading results.”
Notable performance metrics for Q3 2025:
- Pre-tax Return on Equity (ROAE): 39.5 %
- Pre-tax Return on Assets (ROAA): 7.6 %
- Cost-to-Income Ratio: 28.8 %, placing GTCO among the most efficient players in Nigeria’s financial services industry.
What this means for the tech- and fintech-ecosystem
GTCO’s strength in its digital payments and non-banking verticals, as referenced by the CEO, is significant for Nigeria’s ICT environment.
The firm’s investment in digital infrastructure, customer-centric technology, and ecosystem integration suggests that financial players who strategically embrace tech-driven platforms are likely to gain competitive advantage in 2026 and beyond.
For stakeholders in the fintech, digital banking and ICT sectors, GTCO’s performance underscores how traditional banking institutions leveraging digital platforms can achieve scale, efficiency and strong growth, a signal that Nigeria’s fintech/ICT sector remains fertile for innovation, partnerships and infrastructure investment.
