Guaranty Trust Holding Company Plc (GTCO) says its strong half-year 2025 performance reflects the impact of sustained investment in technology, particularly the recent upgrade of its core banking systems, which is already delivering measurable operational gains.
According to the Audited Consolidated and Separate Financial Statements for the period ended June 30, 2025, the Group recorded a profit before tax of ₦600.9 billion, driven by strong growth in interest income and fee income, which rose year-on-year by 31.5% and 33.0%, respectively.
Highlighting the role of technology in driving performance, Segun Agbaje, Group CEO of GTCO, said the results reflect the strength of the banking group’s core business and the progress being made in building a diversified financial services ecosystem.
“Our half-year performance,” Agbaje said, “reflects the strength of our core business and the progress we are making in building a truly diversified financial services ecosystem. Beyond the extraordinary one-off gains of last year, we are now driving sustainable growth with recurring earnings that highlight the resilience and scalability of our model.”
That continued investments in technology, especially the comprehensive upgrade of the Group’s core banking systems, are already paying off with stronger uptime, enhanced efficiency, and increased capacity to scale as the customer base expands.
Agbaje further highlighted GTCO’s strategic positioning across multiple financial sub-sectors, including Banking, Funds Management, Pension, and Payments, leveraging what he described as a “fully de-risked balance sheet” to reinforce its market leadership while maintaining strategic flexibility for future growth.
“This foundation positions us to take advantage of emerging opportunities and deliver lasting value for all stakeholders,” he said.
GTCO’s financial report also showed that the Group’s loan book (net) grew by 20.5%, rising from ₦2.79 trillion in December 2024 to ₦3.36 trillion in June 2025. Customer deposits increased by 16.6% to ₦12.13 trillion, while total assets climbed to ₦16.7 trillion.
The Group also reported a 60.4% return on equity, underscoring the strong value being delivered to shareholders.
With the upgrade of its banking systems, GTCO says it is now better positioned to improve operational efficiency and enhance service delivery, leveraging technology to serve its rapidly growing customer base across its expanding digital ecosystem.
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