GTCO’s Total Assets Grow 3.5% to N18.37 Trillion

Author: Peter EgwuatuPublished on: October 30, 2026Country: Nigeria
Business & Economy
GTCO’s Total Assets Grow 3.5% to N18.37 Trillion

Guaranty Trust Holding Company (GTCO) reported total assets of N18.37 trillion in the third quarter of 2026, up 3.5% from N17.76 trillion in December 2025. Profit before tax was N879.9 billion, down 2.3% year on year, as interest, fee and commission, and trading income grew despite a N87.9 billion fair value loss. The capital adequacy ratio stood at 34.2%, while the group’s Stage 3 loans fell to 4% and its cost of risk improved to 0.9%. CEO Segun Agbaje said core earnings and the balance sheet remained strong and that GTCO would pursue return opportunities without compromising the quality of its risk assets.

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