LivingTrust Mortgage Bank Plc has announced a further delay in the release of its audited financial statements for the year ended December 31, 2025, citing the need to obtain final regulatory approval from the Central Bank of Nigeria (CBN).
In a disclosure to the Nigerian Exchange Limited (NGX), the mortgage lender said the publication of its 2025 audited financial statements has been postponed because the accounts remain under regulatory review by the apex bank.
The bank explained that the delay has also affected the filing of its first and second quarter 2026 unaudited financial statements due to the sequential filing structure of the NGX portal.
According to the bank, the Securities and Exchange Commission (SEC) has granted approval for the 2025 audited financial statements to be published within 48 hours after receiving the CBN’s regulatory clearance.
LivingTrust Mortgage Bank stated that it intends to immediately file and publish both its 2025 audited financial statements and the outstanding first and second quarter 2026 unaudited financial statements once the necessary approval is obtained from the Central Bank.
The lender reassured shareholders and the investing public of its commitment to meeting its regulatory reporting obligations and thanked investors for their continued confidence and patience during the approval process.
The delay means investors will have to wait longer for an updated assessment of the bank’s financial performance and operating position.
Audited financial statements provide critical information on profitability, asset quality, capital adequacy and overall financial health, while quarterly reports offer insight into current business trends and earnings performance.
Market participants will be monitoring the timing of the CBN’s approval, as the release of the outstanding financial statements is expected to provide greater clarity on the bank’s performance in both the 2025 financial year and the first half of 2026.