Tag: GTCO PLC

Banking

GTCO raises N10bn via fully subscribed private placement

Guaranty Trust Holding Company Plc has successfully concluded its N10 billion private placement, with all 125 million ordinary shares offered fully subscribed by a single investor. Priced at N80 per share, the transaction was swiftly executed and approved by the Securities and Exchange Commission. According to a corporate filing with the Nigerian Exchange on Thursday, […]

GTCO hits N433bn profit in Q3 2023
Business

GTCO, Access bank gain amid widespread market losses

The equities market opened the week on a bearish note, as gains in GTCO Plc and Access Holdings Plc, and 14 other stocks were not enough to offset widespread losses across sectors of the equities market, especially the financial services sector, on Monday. The Nigerian Exchange benchmark All-Share Index, which measures the performance of traded […]

Banking

GTCO half-year profit falls to N601bn

Guaranty Trust Holding Company Plc has published its audited financial results for the half year ended June 30, 2025, posting a pre-tax profit of N601 billion, down from N1 trillion in the same period of 2024. Profit after tax came in at N449.01 billion, lower than the N905.57 billion recorded in H1 2024. Despite the […]

Banking

GTCO delists GDRs from London stock exchange effective July 31

Guaranty Trust Holding Company Plc has formally delisted its Global Depositary Receipts from the London Stock Exchange, effective 8:00 a.m. on July 31, 2025. The company also announced that its LSE ticker symbol will change from “GTHC” to “GTCO” on August 1, 2025, to align its global identity with its Nigerian brand. “Following the cancellation […]

Banking

GTCO becomes first banking stock to cross N100 threshold

Guaranty Trust Holding Company made history on Wednesday, by becoming the first banking stock under the Nigerian Exchange Banking Index to trade above the N100 mark. The stock’s mid-market performance signals strong investor confidence, outpacing peers like Stanbic IBTC Holdings, which hovered near N99 during the same session. The milestone comes amid a broader rally […]

Banking

GTCO eyes 15% dividend yield after London listing

Guaranty Trust Holding Company is setting ambitious performance targets following its landmark dual listing on the London Stock Exchange, aiming for a minimum dividend yield of 15% and a return on equity of at least 25%. Speaking at a post-listing media briefing in London, Group CEO, Segun Agbaje, said the shift from Global Depositary Receipts […]

Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30, 2025
Banking

GTCO to list shares on London stock exchange

Guaranty Trust Holding Company Plc has announced its plan to list ordinary shares on the London Stock Exchange as part of its strategy to raise capital internationally. In a notice filed with the Nigerian Exchange on July 3, 2025, the company confirmed that its ordinary shares will be admitted to the equity shares category on […]

Business

GTCO posts N300.4b pre-tax profit in Q1

Guaranty Trust Holding Company Plc reported a robust profit before tax of N300.4 billion for the first quarter ending March 31, 2025, reinforcing its dominance in Nigeria’s financial services industry. The results, submitted to the Nigerian Exchange Group and the London Stock Exchange, highlight GTCO’s strong core earnings despite the absence of a one-time N331.6 […]

News

No mismanagement in student loan, ICPC withdraws allegation

The Independent Corrupt Practices and Other Related Offences Commission has clarified that it has not found any evidence of discrepancies or fund diversion in its ongoing investigation of the Student Loan Scheme administered by NELFUND. This statement, published on the ICPC’s website, comes after an earlier announcement that it had launched a probe into alleged […]

GTCO hits N433bn profit in Q3 2023
Banking

GTCO hits N433bn profit in Q3 2023

Guaranty Trust Holding Company Plc declared a profit before tax of N433.2bn, a 155.2 percent rise over the N169.7bn reported in the same period in 2022. According to The Punch, this was revealed in its unaudited consolidated and separate financial accounts, which were submitted with the London Stock Exchange and the Nigerian Exchange Group, for […]