Lagos, Nigeria – September 22, 2025
Stanbic IBTC Holdings Plc has recorded a pre-tax profit of ₦243.7 billion for the half-year period ending June 30, 2025, marking a 65.81% increase compared to ₦147 billion in the same period last year.
The company attributed the growth to stronger top-line performance, driven primarily by interest income, which rose 56.34% to ₦384.7 billion.
Loans and advances to customers contributed ₦239.7 billion, investments generated ₦131.2 billion, and loans and advances to banks added ₦13.7 billion.
Other key highlights include:
Net Interest Income: ₦316 billion, up 81.31% year-on-year.
Non-Interest Revenue: ₦117.9 billion, slightly down from ₦129.1 billion.
Operating Costs: ₦179 billion.
Total Assets: ₦8.12 trillion, a 17.51% increase from the previous year.
The financial results reflect Stanbic IBTC’s focus on expanding its lending portfolio and maximizing returns on investments, positioning the company for continued growth despite a marginal decline in non-interest revenue.
The company’s full financial statements for the period are available on the Nigerian Exchange Group website.