GTCO Reports Strong Financials with Improved Risk Metrics
1 report, 1 independent
Updated Fri 00:00
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What happened
Guaranty Trust Holding Company Plc released its unaudited consolidated financial statements as of September 30, 2026, to the Nigerian Exchange Group and London Stock Exchange. The company reported a Profit Before Tax of N879.9 billion, driven by growth in interest income, fees and commission income, and trading income. The Capital Adequacy Ratio remained strong at 34.2%, and the Cost of Risk improved to 0.9% from 2.2%.
From allafrica.com
Why it matters
The financial results indicate sustained growth across core earnings lines, despite a fair value loss recognized during the period. The improvement in asset quality and risk metrics suggests a resilient performance for the company.
From allafrica.com
Who's involved
- Segun AgbajeManaging Director and CEO of Guaranty Trust Bank PLC
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The entities involved
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London Stock Exchange
stock exchange in the City of London
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CAR
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