GBTI records 25.2% increase in after-tax profit for 2025 Q1

The Guyana Bank for Trade and Industry (GBTI) has reported an increase of 25.2 per cent in Profit After Tax (PAT) for the first quarter of 2025.
In addition to the year-over-year PAT increase, the bank’s financial results also show a 27.2 per cent rise in Earnings Per Share (EPS).
According to GBTI’s Chairman, Robin Stoby, SC, this performance reflects the strength of the bank’s business model and the successful execution of its long-term strategy.
“GBTI delivered a solid first quarter, underscored by strong profitability, disciplined growth, and robust capital levels,” he posited.

Moreover, GBTI’s Return on Capital Employed (ROCE) stood at 14.6 per cent, underlining its focus on efficient capital deployment and sustainable returns. Further, strong client engagement continued to be a growth driver, with total deposits increasing to $235 billion – a 32 per cent hike compared to the prior year.
“This performance speaks to the trust placed in GBTI by our clients and the attractiveness of our product offerings and relationship-driven approach,” the bank’s chairman noted.
Looking ahead, Stoby said they are excited about the opportunities before the bank.
“We remain committed to driving consistent, profitable growth, further strengthening our digital and client capabilities, and upholding the financial discipline that has long defined GBTI.”
“I look forward to working closely with our teams and partners to build a more agile, innovative GBTI positioned to lead in the evolving financial landscape,” the GBTI Chairman added.
This first quarter performance comes on the heels of GBTI recording $4 billion in after tax profit for 2024.
Back in March, the bank reported the 31 per cent PAT increase along with a 24 per cent growth in their total assets of $249 billion.
The bank had noted that this growth in the bank’s assets reflected strategic investment decisions, operational efficiency and diversifying its loan portfolio. It also attributed the sustained growth to its focus on financial strength, digital transformation, and customer-centric banking solutions.
GBTI had said its success in 2024 was fuelled by a strategic push towards digital banking and innovation, which aligned with Guyana’s rapid economic expansion. According to the bank, they introduced new digital banking solutions and focused on enhancing customer experience and their access to finance.
Further, investments in AI-driven banking, cybersecurity, and mobile banking innovations further strengthened GBTI’s position in the financial sector.
It noted that digital transformation is not just a strategy but a commitment to ensuring seamless, efficient and secure banking for customers. According to the Bank, these advancements in Artificial Intelligence (AI), mobile banking, and customer-centric innovations has positioned GBTI as a forward-thinking financial institution.
Moving forward, the bank outlined its long-term vision including upholding strong corporate governance, risk management, and ethical banking practices.
The bank also noted that with Guyana’s economy growing and thriving, particularly due to the extractive sectors, GBTI is well-positioned for future growth. The Bank had outlined plans to introduce new financial products, expand its digital services, and strengthen customer relationships to meet the evolving needs of individuals and businesses this year.
Its 2025 vision included solidifying GBTI’s position as a leader in the financial sector through continued innovation, strong governance, and sustainable banking practices.