Guaranty Trust Holding Company Plc (GTCO) has efficiently accomplished its N10 billion personal placement, allotting the complete 125 million abnormal shares supplied to a single investor.
The shares, priced at N80 every, had been absolutely subscribed in a swift transaction cleared by the capital market apex regulator, Securities and Alternate Fee (SEC).
The company disclosure filed with the Nigerian Alternate (NGX) on Thursday, January 22, 2026, disclosed that just one utility was obtained for the complete provide, consisting of 125,000,000 abnormal shares of fifty kobo every.
Based on the discover, the applying was validated in response to the phrases of the Putting Memorandum dated December 24, 2025, leading to a 100% subscription of the location.
What GTCO is saying
In a press release signed by Erhi Obebeduo, GTCO’s Group Normal Counsel and Firm Secretary, the corporate confirmed that the SEC had accepted the idea of the allotment, whereas the Central Bank of Nigeria (CBN) had granted regulatory consent for the deal.
The allotment course of noticed the lone investor apply for and obtain all of the 125 million shares, which had been allotted beneath the very best utility band of fifty,000,001 shares and above. This translated to a complete subscription worth of N10 billion.
Following the approvals, DataMax Registrars Restricted, the registrar managing GTCO’s share registers, will instantly credit score the allotted shares to the CSCS (Central Securities Clearing System) account of the investor.
Why the allotment
GTCO emphasised that the personal placement was not associated to any capital shortfall at its banking subsidiary, Guaranty Trust Bank Restricted (GTBank), which already exceeds the Central Bank of Nigeria’s (CBN) minimal capital necessities for banks with worldwide authorisation.
The N10 billion increase was performed in compliance with Part 7.1 of the Tips for Licensing and Regulation of Monetary Holding Corporations in Nigeria, which governs capital computation on the holding firm degree. As of August 2025, GTBank’s capital base stood at over N504 billion, properly above regulatory thresholds.
This placement additionally aligns with a broader shareholders’ mandate accepted on the Annual Normal Assembly (AGM) in Could 2024, authorizing the Board to lift as much as $750 million via numerous monetary devices.
Inventory worth efficiency on NGX
GTCO share worth closed on Thursday, January 22, 2026, at N95.60 per share on the NGX, recording a 0.7% acquire over its earlier closing worth of N94.95.
The inventory started the 12 months with a share worth of N90.70 and has since gained 5.4% on that worth valuation, rating it 89th on the NGX when it comes to year-to-date efficiency.
With the conclusion of the allotment, the lender’s shares excellent stood at 36.4 billion with market capitalization at N3.48 trillion, making it the seventh most beneficial inventory on the NGX, about 3.29% of the NGX fairness market.
What you must know
GTCO’s unaudited third-quarter monetary efficiency was spectacular. For the interval ended September 30, 2025, the Group posted a revenue earlier than tax (PBT) of N900.8 billion, pushed by sturdy efficiency in core earnings, significantly curiosity earnings (up 25.6% year-on-year) and price earnings (up 16.8% year-on-year).
Regardless of a 26% year-on-year dip in PBT, because of the absence of N523.2 billion in honest worth features acknowledged in Q3-2024, the Group’s whole property closed at N16.7 trillion, whereas shareholders’ funds grew to N3.3 trillion. GTCO’s capital adequacy ratio (CAR) remained robust at 36.5%, highlighting its strong capital place.
By way of asset high quality, the Group’s IFRS 9 Stage 3 Loans stood at 3.3% for GTBank and 4.4% for the Group in Q3-2025, bettering from 3.5% and 5.2% in Q3-2024, respectively. Moreover, the Group’s Value of Danger (COR) improved to 2.2% from 4.9% in December 2024, reflecting enhanced asset high quality.
The Group’s mortgage e-book grew by 16.5% from N2.79 trillion in December 2024 to N3.24 trillion in September 2025, whereas deposit liabilities rose by 16.0% from N10.40 trillion to N12.06 trillion throughout the identical interval.
