GBTI reports $1.6B first-quarter profit as revenue jumps 21%

Guyana Bank for Trade and Industry Limited (GBTI) has reported a profit after tax of $1.6 billion for the first quarter of 2026, reflecting a 36.8 per cent increase compared with the same period last year.
According to the bank’s unaudited financial results released on Monday, earnings per share rose to $39.76, up 37 per cent from $29.03 in the first quarter of 2025.
GBTI said total revenue for the period reached $4.1 billion, representing a 21.3 per cent increase year-over-year. Interest income climbed to $2.9 billion from $2.5 billion, while other income rose to $1.2 billion from $930 million.
The bank also reported growth in customer deposits, which increased to $284 billion, up 20.4 per cent compared with the corresponding period last year.
Total assets stood at $330 billion at the end of the quarter, continuing an upward trend from $278 billion in the first quarter of 2025 and $208 billion in the first quarter of 2024.
GBTI’s Capital Adequacy Ratio was reported at 18.5 per cent, while its Common Equity Tier 1 ratio stood at 16.1 per cent.
Chairman Suresh Beharry said the bank delivered a strong first quarter supported by earnings growth, prudent balance sheet management and solid capital levels.
He said the increase in profits and earnings per share reflects the bank’s strategic initiatives and operating model, while deposit growth demonstrates customer confidence in the institution.
Looking ahead, Beharry said the bank remains focused on sustaining profitable growth, expanding its digital services, strengthening client relationships and maintaining financial discipline.
The full first-quarter 2026 financial statements are available on the bank’s website.