Guaranty Trust Holding Company Plc has recorded a 3.5 per cent growth in total assets to ₦18.37 trillion for the third quarter of 2026, up from ₦17.76 trillion in December 2025.
The company disclosed this in its results released to the Nigerian Exchange Group and the London Stock Exchange.
The results showed that GTCO posted a Profit Before Tax of ₦879.9 billion, driven by sustained growth across its core earnings lines.
Interest income, fees and commission income, and trading income grew year-on-year by 5.0 per cent, 1.4 per cent and 3.1 per cent respectively.
This resilient performance was delivered despite a ₦87.9 billion fair value loss recognised in the period.
As a result, PBT moderated slightly by 2.3 per cent from ₦900.8 billion in Q3 2025.
The company’s shareholders’ funds closed at ₦3.5 trillion.
Its Capital Adequacy Ratio (CAR) remained very strong at 34.2 per cent.
Asset quality also improved, with IFRS 9 Stage 3 Loans closing at 4.0 per cent at the Group level, down from 5.0 per cent in full year 2025.
At the Bank level, IFRS 9 Stage 3 Loans stood at 3.4 per cent.
Cost of Risk (COR) improved to 0.9 per cent from 2.2 per cent over the same period.
Coverage for credit-impaired loans closed at 130.7 per cent, compared with 106.9 per cent in 2025.
Commenting on the results, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr. Segun Agbaje, said: “Our performance in the Q3 reflects the strength of a franchise built on scale, efficiency and discipline. Despite a challenging operating environment and significant fair value losses in the period, our core earnings continued to grow, our deposit base expanded strongly, our cost efficiency remains among the best in the industry, and our balance sheet remains strong, liquid and well capitalised. Looking ahead, we will always optimise risk-free returns wherever we see them and will always be positioned to take advantage of arbitrage opportunities as market conditions evolve, without compromising the quality of our risk assets.”
