April 21, (THEWILL) — Stanbic IBTC Holdings Plc has released its audited 2025 financial statements, reporting a post-tax profit of ₦380.8 billion, representing a 69% increase from ₦224.31 billion achieved in 2024. The company’s pretax profit hit ₦551.7 billion, a sharp rise from ₦303.7 billion recorded in the preceding period, representing an increase of 81.62 percent YoY.
The financial statement released on Monday showed that the performance was driven largely by strong top-line growth, as interest income climbed 38.94 percent year-on-year to ₦787.05 billion, with loans and advances contributing 60 percent and investment income accounting for 36 percent.
On the non-interest side, fees and commissions rose to ₦257.7 billion from ₦186.4 billion, while customer deposits from the balance sheet expanded significantly to ₦4.3 trillion compared to ₦3 trillion in 2024 group declared a final dividend of ₦4 per ordinary share of 50 kobo, amounting to ₦63.6 billion, payable on May 26, 2026, bringing total 2025 dividends to ₦6.50 per share.
A closer look at the main performance driver—interest income of ₦787.05 billion—shows that interest from loans and advances to customers came in at ₦473.2 billion, interest on investments followed at ₦285.1 billion, while loans and advances to banks came in at ₦28.7 billion.
Consequently, interest expenses swelled alongside income, reaching ₦202.04 billion, up 29.51 percent year year-on-year, bringing net interest income to ₦585 billion, up from ₦410.4 billion in 2024.
On the non-interest side, fees and commissions swelled to ₦257.7 billion, which, after an expense of ₦27.6 billion, yielded a net fees and commissions figure of ₦230.1 billion.
After accounting for trading revenue of ₦76.9 billion, mainly from fixed income and forex trading, alongside net insurance income of ₦6.7 billion and other income of ₦8.3 billion, total non-interest revenue rose to ₦310.7 billion.
A combination of both interest and non-interest income yielded ₦895.7 billion, which, after an impairment of ₦14.2 billion on financial assets, left income at ₦881.5 billion.
Operating expenses also spiked, reaching ₦329.7 billion, up from ₦243.6 billion, with “other operating costs” of ₦216.3 billion and staff costs of ₦113.4 billion making up the bulk.
On the balance sheet, total assets soared to ₦8.6 trillion, up from ₦6.9 trillion in 2024, driven largely by strong asset expansion across key lines:
Loans and advances stood at ₦3.8 trillion as the largest asset class, rising from ₦2.4 trillion in the prior year. This was followed by cash and bank balances of ₦1.6 trillion, financial investments of ₦1.4 trillion, and trading assets of ₦862.1 billion.
On the liabilities side, total obligations increased to ₦7.4 trillion, compared to ₦6.2 trillion in 2024, with deposits and current accounts at ₦4.7 trillion as the largest contributor.
Total equity rose to ₦1.1 trillion from ₦670.6 billion, supported by reserves of ₦858.4 billion, highlighting a stronger capital position.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
