Stanbic IBTC Holdings Plc has received shareholder approval for directors' remuneration totaling N804.5 million for the financial year ending December 31, 2026. The decision was formalized during the company's 14th Annual General Meeting.
This remuneration figure marks a steady increase over prior years. For the financial year ending December 31, 2025, N681 million was approved, and for FY2024, N653 million was set. The remuneration for FY2023 stood at N544.5 million.
The approvals were granted following a strong financial performance in FY2025. The group reported a pretax profit of N551.7 billion, a substantial rise from N303.7 billion in the preceding year, driven by increased interest and non-interest income.
In addition to director remuneration, shareholders also sanctioned a final dividend of N4 per share for FY2025. This is an increase from the N3 per share final dividend declared for FY2024.
The company's financial health appears robust, with reserves showing consistent growth. Reserves grew from N390.3 billion in FY2023 to N552.6 billion in FY2024, and further to N858.4 billion in FY2025.
On the Nigerian Exchange, Stanbic IBTC shares demonstrated strong performance. In 2025, the stock yielded a return of 73.61%, closing the year at N100. This made it one of the few Nigerian banking stocks to surpass the N100 mark, alongside GTCO.
The positive momentum has continued into 2026. As of market open on May 29, 2026, the stock had gained over 74% year-to-date, trading at N174.5 per unit.
