Added to YB: 2026-09-16
Pitch date: 2026-09-13
GTCO.L [bullish]
Guaranty Trust Holding Company Plc
Author Info
No bio for this author
Company Info
Guaranty Trust Holding Company Plc operates as a financial holding company for Guaranty Trust Bank Limited that provides commercial banking services in Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Cote D'Ivoire, Kenya, Uganda, Rwanda, Tanzania, and the United Kingdom.
Market Cap
NGN 4.7T
Pitch Price
N/A
Price Target
N/A
Dividend
9.83%
EV/EBITDA
N/A
P/E
5.51
EV/Sales
N/A
Sector
Banks
Category
dividend
The African Investment conundrum. – Guaranty Trust Holding Company Plc
GTCO.L (quick overview): Guaranty Trust Holding is positioned as the premier quality proxy for West African financials, trading at 4.0-5.0x earnings and 1.1-1.3x book with a ~9.0-9.8% dividend yield. ROE above 45%, a sub-35% cost-to-income ratio and retained earnings sufficient to meet Nigeria’s ₦500B recapitalization mandate without destructive dilution support the case; FX depreciation, persistent inflation and regulatory intervention are the principal risks.
Read full article (1 min)