Stanbic IBTC Holdings Plc has announced its audited 2025 financial results, showcasing a robust performance with profit before tax reaching N551.7 billion. This represents a substantial increase from the N303.7 billion recorded in the previous fiscal year.

The strong financial outcome was primarily driven by significant top-line growth. Interest income climbed by 38.94% year-on-year to N787.05 billion. This growth was supported by interest from loans and advances to customers, which contributed N473.2 billion, and interest on investments, accounting for N285.1 billion.

Non-interest revenue also played a crucial role, rising to N310.7 billion. Fees and commissions revenue saw a notable increase of 38.28% year-on-year to N257.7 billion. Trading revenue contributed N76.9 billion, mainly from fixed income and forex trading.

Customer deposits on the balance sheet expanded significantly, reaching N4.3 trillion compared to N3 trillion in 2024. This expansion in deposits, coupled with growth in loans and advances, contributed to the overall balance sheet expansion, with total assets growing to N8.62 trillion.

The group declared a final dividend of N4 per ordinary share of 50 kobo, amounting to N63.6 billion. This brings the total dividends for 2025 to N6.50 per share, an increase from the N5.00 paid in FY2024. The dividend is payable on 26 May 2026.

Key performance indicators for 2025 compared to 2024 include:

• 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

Interest expenses also increased to N202.04 billion, up 29.51% year-on-year, resulting in a net interest income of N585 billion. Operating expenses rose to N329.7 billion, with other operating costs and staff costs forming the largest components.

The bank's earnings per share jumped 70% to N23.68, aligning with a five-year compounded growth rate of 54%. The share price has seen a significant rally, reaching N188.55, an 89% gain year to date.