April 14, (THEWILL) — Transnational Incorporated Plc has reported a pretax profit of ₦1.21 trillion for the year ended December 31, 2025, marking a 23.6 percent increase from ₦986.6 billion recorded in 2024.
The audited results, released on the Nigerian Exchange, show that the strong performance was driven by robust growth across both interest and non-interest income lines, alongside a significant rise in customer deposits.
Interest income rose 16 percent year-on-year to ₦3.19 trillion, supported largely by loans and advances to customers, which contributed ₦1.58 trillion. Investment securities and treasury bills added ₦743.7 billion and ₦656.9 billion, respectively. Net interest income climbed 23 percent to ₦2.14 trillion.
Non-interest revenue also posted solid growth, rising 16 percent to ₦1.58 trillion. Fees and commissions income increased by 17 percent to ₦1.02 trillion, driven primarily by cash management and credit-related services. Trading income stood at ₦608.9 billion, while other income streams, including investment gains, further supported earnings.
Overall, operating income grew by 20 percent to ₦3.7 trillion from ₦3.1 trillion in the previous year. Despite a 10 percent increase in operating expenses to ₦1.8 trillion, profit before impairment rose strongly, pushing operating profit up 31 percent to ₦1.92 trillion.
However, impairment charges surged by 47 percent to ₦707.5 billion, reflecting a cautious stance on credit risk. After accounting for these charges and contributions from associates, pretax profit settled at ₦1.21 trillion, while profit after tax stood at ₦914 billion.
On the balance sheet, total assets expanded to ₦49.6 trillion from ₦43.3 trillion. Customer deposits grew significantly to ₦36.4 trillion, up from ₦31.6 trillion, underscoring increased customer confidence. Total equity also strengthened to ₦4.1 trillion.
In the equities market, Ecobank’s shares gained over 6 percent at the open on April 14, 2026, pushing year-to-date returns above 16 percent, as investors reacted positively to the results.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
