Guaranty Trust Holding Company Plc (GTCO) has reported total assets of ₦16.69 trillion as at June 30, 2025, up from ₦14.80 trillion recorded at the end of December 2024.
According to the Group’s Consolidated and Separate Statements of Financial Position, the increase was driven by growth in customer deposits, loan advances, and investment securities.
Deposits from customers rose to ₦11.88 trillion in H1 2025 compared to ₦10.01 trillion in December 2024, while loans and advances to customers expanded to ₦3.36 trillion from ₦2.79 trillion. Investment securities also grew to ₦4.79 trillion, reflecting stronger market positioning.
On the liabilities side, GTCO posted total obligations of ₦13.70 trillion against ₦12.08 trillion in December 2024. Deposits from banks declined to ₦250.38 billion from ₦388.42 billion, while other borrowed funds reduced to ₦211.33 billion from ₦310.02 billion, underscoring tighter debt management.
Shareholders’ equity improved significantly, with total equity rising to ₦2.99 trillion in June 2025 from ₦2.71 trillion in December 2024.
Retained earnings stood at ₦1.45 trillion, up from ₦1.32 trillion, while statutory reserves grew to ₦704.48 billion from ₦628.87 billion. Non-controlling interests also strengthened to ₦70.29 billion from ₦56.76 billion.
The Group’s capital and reserves attributable to equity holders of the parent climbed to ₦2.92 trillion, supported by higher retained earnings and stronger statutory reserves despite treasury share adjustments.
GTCO’s stronger balance sheet highlights the Group’s capacity to absorb shocks, expand lending, and reinforce capital buffers in line with regulatory expectations.
