Zenith Bank Plc made a profit of ₦625.63 billion before tax for the first six months of 2025. The bank’s board decided to give shareholders ₦1.25 per share as an interim dividend, which is 25% more than the ₦1.00 given in the same period last year.
The bank’s total income grew by 20% to ₦2.5 trillion compared to last year. This was helped by a 60% increase in interest income to ₦1.8 trillion, up from ₦1.1 trillion in the first half of 2024. The bank says this growth came from smart management of its investments and treasury work.
The bank’s net interest income jumped 90% to ₦1.4 trillion. It also made ₦613 billion from other services. Profit after tax was ₦532 billion, giving earnings per share of ₦12.95. The bank’s total assets went up to ₦31 trillion from ₦30 trillion at the end of 2024. Customer deposits grew 7% to ₦23 trillion while the bank’s loans dropped to ₦10.2 trillion, showing careful management of risks.
Key Financial Measures
- Return on Equity: 24.8%
- Return on Assets: 3.5%
- Cost-to-Income Ratio: 48.2%
- Bad Loans Ratio: Improved to 3.1% from 4.7%
- Capital Strength Ratio: 26%
- Liquidity Ratio: 69%
The bank’s Group Managing Director/CEO, Dame Dr. Adaora Umeoji, said the good results came from the bank’s skilled staff and good strategies. She is hopeful for more growth in the second half of 2025 and hinted at a big year-end dividend for shareholders.
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