Stanbic IBTC Holdings Plc has released its audited 2025 financial statements, reporting a pretax profit of N551.7 billion, a sharp rise from N303.7 billion recorded in the previous year.
The performance was driven largely by strong top-line growth, as interest income climbed 38.94% year-on-year to N787.05 billion, with loans and advances contributing 60% and investment income accounting for 36%.
On the non-interest side, fees and commissions rose to N257.7 billion from N186.4 billion, while customer deposits from the balance sheet expanded significantly to N4.3 trillion compared to N3 trillion in 2024
Consequently, the group declared a final dividend of N4 per ordinary share of 50 kobo, amounting to N63.6 billion, payable on 26 May 2026, bringing total 2025 dividends to N6.50 per share, higher than the N5.00 paid in FY2024.
Key highlights (2025 vs 2024):
- Interest income: N787.05 billion, up 38.94% YoY
- Net interest income: N585 billion, up 42.53% YoY
- Fees and commissions revenue: N257.7 billion, up 38.28% YoY
- Trading revenue: N76.9 billion, up 33.67% YoY
- Operating income: N895.7 billion, up 38.48% YoY
- Net impairment loss: N14.2 billion vs N99.3 billion
- Operating expenses: N329.7 billion, up 35.31% YoY
- Pretax profit: N551.7 billion, up 81.62% YoY
Driving the numbers
A closer look at the main performance driver—interest income of N787.05 billion—shows that interest from loans and advances to customers came in at N473.2 billion, interest on investments followed at N285.1 billion, while loans and advances to banks came in at N28.7 billion.
- As expected, interest expenses swelled alongside income, reaching N202.04 billion, up 29.51% year-on-year, bringing net interest income to N585 billion, up from N410.4 billion in 2024.
On the non-interest side, fees and commissions swelled to N257.7 billion, which, after an expense of N27.6 billion, yielded a net fees and commissions figure of N230.1 billion.
After accounting for trading revenue of N76.9 billion, mainly from fixed income and forex trading, alongside net insurance income of N6.7 billion and other income of N8.3 billion, total non-interest revenue rose to N310.7 billion.
- Hence, a combination of both interest and non-interest income yielded N895.7 billion, which, after an impairment of N14.2 billion on financial assets, left income at N881.5 billion.
Operating expenses also spiked, reaching N329.7 billion, up from N243.6 billion, with “other operating costs” of N216.3 billion and staff costs of N113.4 billion making up the bulk.
After accounting for these costs, profit before tax settled at N551.7 billion, which, after an income tax charge of N170.9 billion, left post-tax profit at N380.7 billion, up 69% year-on-year, with earnings per share rising to N23.68 from N13.94.
Balance sheet:
On the balance sheet, total assets swelled to N8.6 trillion, up from N6.9 trillion in 2024, driven largely by strong asset expansion across key lines.
- Loans and advances stood at N3.8 trillion as the largest asset class, rising from N2.4 trillion in the prior year.
- This was followed by cash and bank balances of N1.6 trillion, financial investments of N1.4 trillion, and trading assets of N862.1 billion.
On the liabilities side, total obligations increased to N7.4 trillion, compared to N6.2 trillion in 2024, with deposits and current accounts at N4.7 trillion as the largest contributor.
On the equity side, total equity rose to N1.1 trillion from N670.6 billion, supported by reserves of N858.4 billion, highlighting a stronger capital position.
Market reaction:
In the trading week of 17th April 2026, shares of Stanbic IBTC recorded a performance of 36.63% on the Nigerian Exchange, with a market volume of over 8 million units.
The market may respond more positively in subsequent sessions as investors digest the company’s audited financial results, with year-to-date performance now at 88.55%.
