GTCO Posts 12% Drop in Nine-Month Profit Amid Soaring Costs

GTCO posts 12% drop in nine-month profit amid soaring costs

The financial services group posted an improvement in interest income, its major source of revenue, but faced increased pressure from interest expense, which jumped 27.7 per cent year on year.

GTCO’s pre-tax profit slips 2.3% to N879.90 billion in 9M 2026 as funding costs bite

Guaranty Trust Holding Company Plc (GTCO) recorded a 2.32% decline in pre-tax profit to N879.90 billion for the nine months ended September 30, 2026, compared with N900.80 billion in the corresponding period of 2025, as rising funding costs weighed on earnings.According to the company’s unaudited...

GTCO's pre-tax profit slips 2.3% to N879.90 billion in 9M 2026 as funding costs bite

Guaranty Trust Holding Company Plc (GTCO) recorded a 2.32% decline in pre-tax profit to N879.90 billion for the nine months ended September 30, 2026, compared with N900.80 billion in the corresponding period of 2025, as rising funding costs weighed on earnings.

GTCO records pretax profit surge to N879.9b in Q3 2026 as balance sheet expands to N18.37trn

WorldStage– Guaranty Trust Holding Company Plc (GTCO) has officially filed its Unaudited Condensed Consolidated and Separate Financial Statements for the period ended September 30, 2026, with the Nigerian Exchange Group (NGX). The financial disclosures project a resilient performance, characterized by robust balance sheet expansion, strong earnings, and disciplined credit management. For the nine-month period ended September […]