Stanbic IBTC Holdings Plc reported a strong financial performance for the year ended December 31, 2025 with profit after tax rising to ₦380.8 billion, up from ₦225.3 billion in 2024.
Assets Expand to ₦8.62 Trillion on Strong Loan Growth
Total assets increased by 24.7 percent from ₦6.91 trillion in 2024 to ₦8.62 trillion in 2025, reflecting aggressive balance sheet expansion.
Key asset drivers:
- Loans and advances: ₦3.84 trillion (up from ₦2.40 trillion, +60%)
- Loans to banks: ₦1.47 trillion (from ₦51.85 billion, massive expansion)
- Loans to customers: ₦2.38 trillion (flat vs ₦2.35 trillion)
- Financial investments: ₦1.49 trillion (up from ₦1.09 trillion, +37%)
- Trading assets: ₦862.2 billion (up from ₦591.5 billion, +46%)
However, liquidity buffers declined:
- Cash and bank balances: ₦1.70 trillion (down from ₦2.25 trillion, –24%)
This signals a shift from liquidity to asset deployment, particularly into loans and trading positions.
Customer Deposits Surge to ₦4.37 Trillion
Total deposits rose significantly, supporting asset growth:
- Customer deposits: ₦4.37 trillion (up from ₦3.01 trillion, +45%)
- Total deposit and current accounts: ₦4.78 trillion
Deposit growth provided funding for loan expansion and investment activities
Revenue Growth Driven by Interest Income and Fees
- Interest income: ₦787.1 billion (up from ₦566.5 billion, +39%)
- Interest expense: ₦202.0 billion (up from ₦156.0 billion)
- Net interest income: ₦585.0 billion (up from ₦410.5 billion, +42%)
Non-interest revenue also increased:
- Non-interest revenue: ₦310.7 billion (up from ₦236.4 billion, +31%)
- Net fees and commissions: ₦230.2 billion (up from ₦170.4 billion, +35%)
- Trading revenue: ₦76.95 billion (up from ₦57.57 billion, +34%)
Growth was broad-based across core banking and trading activities
Profit Before Tax Jumps 82% to ₦551.8 Billion
- Profit before tax: ₦551.8 billion (up from ₦303.8 billion, +82%)
- Profit after tax: ₦380.8 billion (up from ₦225.3 billion, +69%)
Earnings per share surged:
- EPS: 2,368 kobo (up from 1,394 kobo, +70%)
This reflects strong profitability and improved operational efficiency
Impairment Losses Decline Sharply
- Impairment loss: ₦14.2 billion (down from ₦99.4 billion, –86%)
This is a major positive, indicating:
- Improved asset quality
- Lower credit risk
Operating Costs Rise but Remain Controlled
- Operating expenses: ₦329.7 billion (up from ₦243.7 billion, +35%)
- Staff costs: ₦113.4 billion (up from ₦86.7 billion)
Cost growth reflects expansion but remains below revenue growth pace
Equity Strengthens to ₦1.12 Trillion
- Total equity: ₦1.12 trillion (up from ₦670.6 billion, +67%)
- Reserves: ₦858.5 billion (up from ₦552.6 billion)
Strong retained earnings boosted capital base
Key Balance Sheet Shifts
Positive Signals:
- Rapid asset growth
- Strong deposit inflow
- Profit expansion
- Lower impairments
Watch Points:
- Declining cash position
- Sharp increase in interbank lending exposure
- Rising borrowings and debt securities: Debt securities issued: ₦340.7 billion (up from ₦112.7 billion)
Naijaonpoint Analysis
Stanbic IBTC’s 2025 performance shows a clear shift toward aggressive balance sheet expansion and income growth, supported by strong deposit mobilisation and improved credit quality.
The sharp increase in loans to banks and trading assets suggests a more active liquidity deployment strategy, which could enhance returns but introduces additional market and counterparty risk.
At the same time, the significant decline in impairment losses and strong revenue growth position the bank as one of the top-performing financial institutions in Nigeria for the period.