At 27.86%, GTCO Leads Banking Sector with Lowest Cost-to-Income Ratio
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Kayode Tokede
Despite regulatory costs and high inflation that remain key drivers of growth in operating expenses, Guaranty Trust Holdings Company Plc (GTCO), recorded the lowest Cost-to-Income Ratio (CIR) in the 2025 financial year.
As against nine other Deposit Money Banks (DMBs) analysed by THISDAY, GTCO recorded Cost-to-Income Ratio of 27.86 per cent from 24.14 per cent reported in 2024.
The DMBs investigated are: Fidelity Bank Plc, Stanbi
Despite regulatory costs and high inflation that remain key drivers of growth in operating expenses, Guaranty Trust Holdings Company Plc (GTCO), recorded the lowest Cost-to-Income Ratio (CIR) in the 2025 financial year.
As against nine other Deposit Money Banks (DMBs) analysed by THISDAY, GTCO recorded Cost-to-Income Ratio of 27.86 per cent from 24.14 per cent reported in 2024.
The DMBs investigated are: Fidelity Bank Plc, Stanbi
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