Nigeria’s Zenith Bank Plc has announced a profit before tax of ₦625.63 billion for the first half of 2025, marking a significant increase in its financial performance. The bank’s gross earnings rose by 20% year-on-year to ₦2.5 trillion, driven primarily by a 60% surge in interest income to ₦1.8 trillion. This growth can be attributed to the strategic repricing of risk assets and effective treasury management.

The company’s board has approved an interim dividend of ₦1.25 per share, representing a 25% increase from the ₦1.00 paid in the first half of 2024. Net interest income grew by 90% to ₦1.4 trillion, while non-interest income contributed ₦613 billion. Profit after tax stood at ₦532 billion, with earnings per share at ₦12.95.

The bank’s total assets increased to ₦31 trillion, up from ₦30 trillion in December 2024. Customer deposits rose by 7% to ₦23 trillion, while the loan book declined to ₦10.2 trillion, reflecting the bank’s prudent risk management. Key performance indicators include a Return on Average Equity of 24.8%, a Return on Average Assets of 3.5%, and a Cost-to-Income Ratio of 48.2%. The Non-Performing Loan Ratio improved to 3.1% from 4.7%, and the Capital Adequacy Ratio stood at 26%, with a Liquidity Ratio of 69%.

Group Managing Director/CEO, Dame Dr. Adaora Umeoji, attributed the bank’s performance to its innovative workforce and strategic execution. She expressed optimism for accelerated growth in the second half of 2025 and hinted at a significant year-end dividend. The bank’s strong financial performance is a testament to its commitment to effective risk management and strategic growth initiatives. As the banking sector continues to evolve, Zenith Bank’s focus on innovation and customer satisfaction is likely to drive its continued success.