GBTI posts strong first quarter performance with $1.2B profit

The Guyana Bank for Trade and Industry (GBTI) has reported a Profit After Tax (PAT) of $1.2 billion for the first quarter of 2025, marking a 25.2 per cent year-over-year increase.

The bank also recorded a 27.2 per cent rise in Earnings Per Share (EPS), underscoring its continued financial momentum.

The bank’s Chairman, Robin Stoby, SC, credited the strong results to GBTI’s resilient business model and effective long-term strategy.

In a statement, the bank said that the company delivered a solid first quarter driven by disciplined growth, strong profitability, and healthy capital levels.

GBTI’s Return on Capital Employed (ROCE) stood at 14.6 per cent, reflecting its focus on efficient use of capital and sustainable returns.

Total deposits surged to $235 billion, representing a significant 32 per cent increase compared to the same period last year.

Stoby further noted that the growth reflects the trust clients place in GBTI and the appeal of its customer-centric products and services.

Looking ahead, the chairman expressed optimism about the future. “We remain committed to delivering consistent, profitable growth, further strengthening our digital and client capabilities and upholding the financial discipline that has long defined GBTI,” he added.

This strong start to 2025 follows a robust 2024 performance.