Guaranty Trust Holding Company Plc reported profit for the nine months ended Sept. 30 fell 12.2% to ₦614.57 billion, according to unaudited statements filed with the Nigerian Exchange.
The board approved the statements Oct. 27. The filing reports ₦699.64 billion for the comparable nine-month period in 2025. It also gives profit attributable to parent-company equity holders as ₦606 billion, down from ₦688.07 billion. Basic earnings per share was ₦16.58, compared with ₦20.71.
The filing lists interest income calculated under the effective interest method at ₦1.251 trillion, up from ₦1.208 trillion a year earlier. A separate line for interest income on financial assets at fair value through profit or loss totaled ₦41.31 billion, compared with ₦22.46 billion. The statements present the two interest-income amounts separately.
Interest expense increased to ₦356 billion from ₦278.73 billion. Net interest income was ₦935.88 billion, down from ₦952.14 billion. Income tax expense rose to ₦265.32 billion from ₦201.16 billion, while profit before income tax declined to ₦879.90 billion from ₦900.80 billion.
Loan impairment charges fell to ₦29.02 billion from ₦69.79 billion. Net interest income after those charges was ₦906.86 billion, compared with ₦882.35 billion a year earlier.
For the three months ended Sept. 30, profit was ₦200.39 billion, down from ₦250.63 billion in the same quarter of 2025.
GTCO describes itself as a financial services group and lists banking, payments, funds management and pension management among its businesses. It says its banking operations serve customers across Africa and the United Kingdom.
