Guaranty Trust Holding Company Plc has posted a pre-tax profit of ₦601 billion for the first half of 2025, down from ₦1 trillion recorded in the same period last year. Profit after tax also fell to ₦449 billion, compared to ₦905 billion in 2024.
Despite the earnings decline, the Board approved an interim dividend of ₦1.00 per share, maintaining the payout made in the first half of last year. The dividend will be paid to shareholders registered as of October 7, 2025.
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GTCO said its performance was impacted by a sharp fall in unrealised gains on financial assets such as bonds and treasury bills, which dropped from ₦331.6 billion to ₦1.5 billion. This led to a 91.8 percent reduction in other income and a fall in revenue to ₦523.2 billion from ₦680.5 billion.
However, net interest income rose by 40 percent to ₦318.4 billion, while loan impairment charges dropped slightly, even as the group’s credit exposure grew by more than 15 percent.
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