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GTCO profit halves to N601bn in H1 2025, declares N1 dividend
['Obinna Ezugwu']
Business Hallmark
Guaranty Trust Holding Company Plc (GTCO) has reported a pre-tax profit of ₦601 billion for the first half of 2025, representing a sharp decline from the ₦1 trillion posted in the same period of 2024.
The lender’s unaudited results for the half year ended June 30, 2025, also showed profit after tax dropped to ₦449.01 billion from ₦905.57 billion a year earlier.
Despite the earnings slump, the Board approved an interim dividend of ₦1.00 per share, maintaining the same payout as in H1 2024.
The dividend will be paid to shareholders whose names appear on the Register of Members as of October 7, 2025.
The profit decline was largely driven by a steep fall in unrealised gains on financial instruments.
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