Stanbic IBTC Holdings Plc has reported a profit after tax of ₦278.48 billion for the nine months ended September 30, 2025.
This represents a 52 percent year-on-year increase compared to ₦182.87 billion in the corresponding period of 2024.
The group’s profit before tax rose to ₦393.84 billion, up from ₦222.93 billion a year earlier, driven by strong growth in net interest income, non-interest revenue, and lower impairment charges on financial assets.
Key Highlights (9 months 2025)
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Net interest income: ₦454.59 billion (₦251.85 billion in 2024)
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Non-interest revenue: ₦200.58 billion (₦214.01 billion in 2024)
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Operating expenses: ₦249.69 billion (₦183.55 billion in 2024)
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Profit before tax: ₦393.84 billion (₦222.93 billion in 2024)
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Profit after tax: ₦278.48 billion (₦182.87 billion in 2024)
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Basic earnings per share: ₦17.31 (₦13.90 in 2024)
The result reflects robust balance-sheet growth, improved funding margins, and stable credit performance. Net impairment charges on financial assets reduced significantly, from a loss of ₦59.38 billion in 2024 to a much lower ₦11.64 billion this year, supporting overall profitability.
Quarterly View (Q3 2025)
For the three-month period ended September 30 2025, Stanbic IBTC posted a profit after tax of ₦105.05 billion, compared to ₦68.85 billion in Q3 2024, representing 52 percent year-on-year growth.
Net interest income climbed sharply to ₦138.57 billion from ₦77.55 billion, reflecting higher yields on interest-earning assets, while non-interest revenue stood at ₦82.67 billion against ₦87.20 billion a year earlier.
Comprehensive Income
Total comprehensive income for the nine-month period rose to ₦289.80 billion, up from ₦181.70 billion in 2024, mainly due to higher fair-value gains on financial instruments measured at fair value through other comprehensive income (FVOCI).
Subsidiary and Shareholder Impact
Profit attributable to equity holders of the parent company reached ₦275.29 billion, compared to ₦180.12 billion in 2024, while non-controlling interests accounted for ₦3.18 billion.
The improved earnings position supports Stanbic IBTC’s dividend outlook for the year and reinforces its position as one of the most profitable and well-capitalised financial institutions in Nigeria.
Outlook
Stanbic IBTC continues to benefit from its diversified income base spanning banking, asset management, pensions, and insurance. The group remains focused on leveraging technology and digital channels to enhance efficiency and customer experience while sustaining double-digit return-on-equity performance through 2025.