Guaranty Trust Holding Company stock declares NGN 1.00 dividend

Published on 09/29/2026 at 19:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Guaranty Trust Holding Company stock reported NGN 603.03 billion in H1 2026 profit before tax. Profit after tax fell 7.76 percent as taxes rose 24.33 percent.

GTCO, NGGTCO000002, Illustration mit AI erstellt.

Guaranty Trust Holding Company stock is tied to an NGN 1.00 interim dividend after the group reported NGN 603.03 billion in profit before tax for the six months ended June 30, 2026. The announcement dated September 28, 2026, gives shareholders on the register by October 12, 2026, the qualification date for the distribution.

Dividend follows mixed earnings

According to Reuters on September 28, 2026, GTCO proposed NGN 1.00 per ordinary share of 50 kobo for holders of its NGX and LSE securities. NGX shareholders are scheduled to receive payment on October 20, 2026, while foreign holders of LSE depositary interests are scheduled for November 3, 2026.

BusinessDay reported on September 28, 2026, that profit before tax rose 0.35 percent from NGN 600.90 billion in H1 2025 to NGN 603.03 billion. Interest income increased 7.50 percent and trading income advanced 24.70 percent, but a NGN 46.20 billion fair-value loss limited the overall gain.

Taxes weigh on net profit

The earnings mix was less favorable below the tax line. Investors King reported on September 29, 2026, that profit after tax fell 7.76 percent to NGN 414.19 billion from NGN 449.01 billion. Income tax expense increased 24.33 percent to NGN 188.85 billion, while basic earnings per share declined to NGN 11.18 from NGN 13.59.

The balance sheet offered a counterpoint. Customer deposits increased 10.30 percent to NGN 14.19 trillion from NGN 12.87 trillion, while the net loan book grew 0.50 percent to NGN 3.15 trillion from NGN 3.13 trillion in December 2025. That combination points to stronger funding growth than loan expansion in the latest half-year period.

Non-banking units add growth

Nairametrics reported on September 29, 2026, that HabariPay, GT Fund Managers and GT Pension generated combined profit before tax of NGN 15.94 billion in H1 2026, up 84.92 percent from NGN 8.62 billion. HabariPay alone increased profit before tax 94.28 percent to NGN 7.81 billion.

Register date sets the next checkpoint

GTCO shareholders must appear on the register by October 12, 2026, to qualify for the interim distribution. The dividend therefore adds a defined corporate-action date to a half-year report that combines stable pre-tax earnings with weaker after-tax profitability.