GTCO Interim Dividend 2025 set at N11.76 as the group reports N1.23tn profit before tax, asset growth and steady shareholder returns

Guaranty Trust Holding Company Plc (GTCO) has announced an interim dividend of N11.76 per 50 kobo ordinary share for the 2025 financial year, reinforcing its commitment to delivering value to shareholders despite a marginal decline in profitability.

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The announcement, contained in the company’s audited financial statements, reflects an increase compared to the N7.03 final dividend paid in 2024.

The group had earlier distributed an interim dividend of N1 per share, bringing the total dividend payout for the year to N12.76.

The GTCO Interim Dividend 2025 comes alongside a set of mixed financial results, with profit before tax recorded at N1.23 trillion, slightly below the N1.27 trillion achieved in the previous year.

Profit after tax also declined to N865.7 billion from N1 trillion in 2024, while earnings per share fell to N25.42 from N35.44.

Despite the dip in profitability, the group demonstrated resilience in revenue generation, with interest income rising to N1.6 trillion from N1.3 trillion in the prior year.

Loans and advances to customers contributed significantly to this growth, alongside income from investment securities.

Interest expenses increased to N392.5 billion, resulting in a net interest income of N1.26 trillion. After accounting for impairment charges of N66.4 billion, net interest income stood at N1.19 trillion.

Fee and commission income also showed strong performance, rising to N278.5 billion, with net fee income reaching N244.3 billion after related expenses.

Additional revenue streams included N78.7 billion from trading activities and N139.9 billion from other income sources.

Operating costs remained substantial, driven by personnel expenses of N101 billion, depreciation and amortisation of N89.5 billion, and other operating expenses amounting to N284.8 billion.

On the balance sheet, GTCO reported significant asset growth, with total assets rising to N17.7 trillion from N14.7 trillion in the previous year.

Investment securities stood at N5.5 trillion, while cash and bank balances reached N5.4 trillion. Loans and advances also increased to N3.1 trillion.

Total liabilities were recorded at N14.3 trillion, with customer deposits accounting for the bulk at N12.5 trillion. Shareholders’ equity improved to N3.4 trillion, supported by retained earnings of N1.7 trillion.

The latest results highlight the group’s ability to sustain strong balance sheet growth and maintain attractive dividend payouts, even amid pressures on profitability.

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GTCO’s performance continues to reflect its diversified income base and disciplined financial management strategy.