March 31, (THEWILL) — Guaranty Trust Holding Company Plc reported a post-tax profit of ₦865 billion in 2025, against ₦1 trillion posted in the previous year, representing a 14.94 percent decline.
The trajectory cascades from the drop in pre-tax profit during the year as the group recorded ₦1.23 trillion, against ₦1.27 trillion in 2024, constituting a 2.78 percent decline.
Gross earnings reflected a relatively flat revenue profile, increasing marginally (0.09 percent) within ₦2.21 trillion for both periods, as Earnings per share (EPS) settled at 25.43 kobo – down 28.24 percent YoY from 35.44 kobo in the previous year.
On the balance sheet side, total assets, total external debt and cash balance were not explicitly disclosed in the provided excerpt.
A review of the company’s top-line shows interest income rose to ₦1.6 trillion from ₦1.3 trillion in the previous year. Loans and advances to customers made up the largest portion, totalling ₦559.3 billion of the interest income, while investment securities contributed ₦489.4 billion at FVOCI and ₦269.2 billion at amortised cost.
After accounting for an interest expense of ₦392.5 billion, up 38.6%, net interest income settled at ₦1.26 trillion, rising from ₦1.05 trillion the previous year.
Impairment charges narrowed significantly to ₦66.4 billion from ₦136.6 billion previously, leaving net interest income after impairments at ₦1.19 trillion.
On the non-interest side, fees and commissions increased to ₦278.5 billion, and after ₦34.1 billion in related expenses, the net amount stood at ₦244.3 billion, up 28.8% YoY.
The group also earned ₦78.7 billion from holding gains on tradable financial instruments and reported ₦139.9 billion in other income, largely driven by recoveries and FX revaluation gains.
However, rising personnel expenses of ₦101 billion, depreciation and amortisation of ₦89.5 billion, and other operating expenses of ₦284.8 billion pressured earnings, leaving pretax profit flat at ₦1.23 trillion, with ₦865.7 billion after tax.
Commenting on the 2025 results, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr Segun Agbaje, highlighted the company’s financial performance and strategic priorities.
“Our 2025 result shows the resilience and depth of our earnings capacity, while our record dividend reflects confidence in the Group’s long-term earnings potential”, he stated.
He noted that following a strong 2024, the focus has been on building sustainable earnings by growing core banking and ecosystem businesses despite tighter regulations and a stronger Naira.
“Looking ahead, management remains committed to scaling the ecosystem, delivering shareholder value, and maintaining sustainable growth while navigating market and regulatory challenges”, the Group CEO added.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
