GTCO records N603bn profit, proposes N1 dividend

By Peter Egwuatu

Guaranty Trust Holding Company Plc , GTCO has recorded Group profit before tax, PBT of N603.03 billion, in the first half 2026,H1’26, driven by strong performance  on the interest and trading income lines, which grew Year on Year,  YoY  by 7.5% and 24.7%, respectively. 
The strong earnings recorded were moderated by a N46.2 billion fair value loss recognized in H1’26, limiting YoY growth in PBT to 0.4%.

The  Audited Consolidated and Separate Financial Statements for the period ended June 30, 2026, sent to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE), showed that the Group’s total assets and shareholders’ funds closed at N18.6trillion and N3....