Zenith Bank Plc reported a profit after tax of ₦532.18 billion for the six months ended June 30, 2025, compared to ₦577.99 billion in the same period of 2024.
The bank’s total assets increased to ₦30.99 trillion from ₦29.96 trillion as at December 31, 2024.
Dividend Declaration
The Board of Directors approved an interim dividend of ₦1.25 per 50 kobo share, subject to withholding tax and payable on October 10, 2025 to shareholders whose names appear in the Register of Members as at the close of business on October 3, 2025.
The Register of Shareholders will be closed on October 6, 2025.
Dividends will be paid electronically to shareholders who have completed e-dividend registration and mandated the Registrar, Veritas Registrars Limited, to credit their bank accounts.
Holders of Global Depository Receipts (GDRs) will be paid subsequently.
Profit and Loss Performance
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Interest income: ₦1.84 trillion (H1 2024: ₦1.15 trillion)
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Interest expense: ₦484.53 billion (H1 2024: ₦434.36 billion)
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Net interest income: ₦1.35 trillion (H1 2024: ₦715.07 billion)
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Impairment charge: ₦760.81 billion (H1 2024: ₦415.29 billion)
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Profit before tax: ₦625.63 billion (H1 2024: ₦727.03 billion)
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Profit after tax: ₦532.18 billion (H1 2024: ₦577.99 billion)
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Earnings per share: ₦12.95 (H1 2024: ₦18.41)
Total comprehensive income closed at ₦703.74 billion, compared to ₦980.47 billion in H1 2024, driven by fair value adjustments and foreign currency translation differences.
Balance Sheet Position
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Customers’ deposits: ₦23.48 trillion (Dec 2024: ₦21.96 trillion)
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Loans and advances: ₦9.60 trillion (Dec 2024: ₦9.97 trillion)
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Borrowings: ₦1.04 trillion (Dec 2024: ₦2.05 trillion)
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Shareholders’ equity: ₦4.57 trillion (Dec 2024: ₦4.03 trillion)