Stanbic IBTC pre-tax profit surges 82% to N552Bn in 2025

Stanbic IBTC Holdings Plc has reported a pre-tax profit of ₦552 billion for the year ended December 31, 2025, representing an 81.6 per cent increase from the ₦303.8 billion recorded in 2024.

The bank disclosed this in its unaudited financial statements, released on January 31, 2026, attributing the strong performance to higher interest income, growing loan volumes, favourable interest rates and lower impairment charges on financial assets.

Earnings per share rose by 38.5 per cent to ₦23.68, the highest level in six years, despite an increase in the number of shares following a recent share issuance.

Stanbic IBTC’s interest income climbed by 38.8 per cent to ₦787.05 billion, driven largely by a sharp expansion in loans and advances, which grew by 60 per cent to ₦3.84 trillion. Loans accounted for about 59 per cent of total interest income.

Although interest expenses increased by 29.5 per cent to ₦202.04 billion, net interest income still rose strongly by 42.6 per cent to ₦585.01 billion, as income growth outpaced funding costs.

Non-interest income also provided solid support, with fee and commission income rising by 38.3 per cent to ₦257.77 billion, boosted by increased activity in digital banking and transaction services. Trading income also recorded notable gains during the year.

On the balance sheet, total assets expanded by 24.7 per cent to ₦8.62 trillion, supported mainly by customer deposits, which rose by 45 per cent to ₦4.37 trillion and now account for just over half of the bank’s funding base.

Shareholders’ equity jumped by 67.8 per cent to ₦1.12 trillion, reflecting strong retained earnings and a rise in share premium. Despite this growth, equity still represents about 13 per cent of total assets, highlighting the bank’s continued reliance on deposit funding.

Profit after tax increased by 69 per cent to ₦380.8 billion, the highest in Stanbic IBTC’s history and higher than the bank’s combined profits over the previous five years.

The bank also continued its record of rewarding shareholders, paying an interim dividend of ₦2.50 per share for the 2025 financial year, up from ₦2.00 in 2024.

Stanbic IBTC’s shares gained 74 per cent in 2025, closing the year at ₦100, and have added a further eight per cent year-to-date, reflecting investor confidence in the group’s strong earnings momentum and growth outlook.