Guaranty Trust Holding Company Plc (GTCO Plc) has recorded a market valuation of N4.513 trillion on the Nigerian stock market, even as its key rival, Zenith Bank Plc, edges ahead with a slightly higher valuation of N4.569 trillion.
Newsonspot reports that recent trading data from Nigerian Exchange (NGX), tracked by MarketForces Africa, highlights the intense competition between the two financial giants, with Zenith Bank currently taking the lead in market capitalization.
GTCO has continued to attract both local and international investors, largely due to improved transparency following its listing on the London Stock Exchange. This strategic move has strengthened investor confidence and contributed to the company’s strong share price performance in recent times.
The company’s stock reached an all-time high of N127.50 in 2026 before experiencing a slight decline, attributed to pressure on earnings. As of now, GTCO shares are trading at N123.50, just below their 52-week peak.
Data from the NGX shows that GTCO’s 36.550 billion outstanding shares were valued at N4.513 trillion, with over 100 million shares exchanged in trades worth N12.355 billion. Despite the recent dip, market analysts remain optimistic about a swift recovery, especially following the company’s recent capital raise.
Investors are also closely watching ahead of the 2025 earnings release and the anticipated final dividend announcement, which could further influence market sentiment and share performance.
