Jaiz Bank Plc Reports ₦14.45 Billion Profit in H1 2025, Earnings Per Share Climbs to 66 Kobo

Jaiz Bank Plc posted a profit after tax of ₦14.45 billion for the half year ended June 30, 2025, up from ₦7.62 billion in the same period of 2024.

According to the lender’s unaudited interim financial statements obtained by Investors King, gross earnings stood at ₦82.87 billion, up from ₦61.76 billion in December 2024.

Financial Performance Highlights (H1 2025):

• Gross Earnings: ₦82.87 billion

• Net Income After Provisions: ₦76.57 billion

• Profit Before Tax: ₦14.76 billion (H1 2024: ₦11.56 billion)

• Profit After Tax: ₦14.45 billion (H1 2024: ₦7.62 billion)

• Earnings Per Share (EPS): 66.38 kobo (H1 2024: 32.67 kobo)

Jaiz Bank also recorded an improvement in fee and commission income, rising to ₦2.44 billion from ₦0.90 billion in H1 2024. Total operating income for the period closed at ₦33.20 billion, up from ₦25.93 billion a year earlier.

On the cost side, staff expenses increased to ₦6.98 billion compared to ₦6.25 billion in the prior year, while other operating expenses rose to ₦10.36 billion from ₦7.40 billion in H1 2024.

Despite higher expenses, the bank’s strengthened financing and investment income provided a solid boost to profitability. The sharp rise in EPS to 66 kobo highlights the bank’s improved capacity to deliver value to shareholders.

Jaiz Bank said it remains focused on driving sustainable growth through prudent cost management, expansion of its financing activities, and further investments in strategic growth opportunities.