Stanbic IBTC Holdings Plc reported a strong financial performance for the year ended December 31, 2025, following balance sheet expansion, higher interest income, resilient non-interest revenue, and a sharp reduction in impairment charges.
Profit for the year rose to ₦380.8 billion, up from ₦225.3 billion in 2024, while profit attributable to equity holders of the parent increased to ₦376.5 billion from ₦221.6 billion.
The performance reflects improved earnings quality and stronger operating leverage across the group’s banking, markets, and wealth management businesses.
Revenue Growth Driven by Interest Income
Net interest income increased to ₦585.0 billion from ₦410.5 billion in the prior year, driven by higher interest income on an expanded asset base and improved yield conditions. Interest income rose to ₦787.1 billion from ₦566.5 billion, while interest expense increased to ₦202.0 billion from ₦156.0 billion, reflecting higher funding costs amid balance sheet growth.
Non-interest revenue rose to ₦310.7 billion from ₦236.4 billion, supported by stronger fee and commission income and improved trading performance. Net fee and commission revenue increased to ₦230.2 billion from ₦170.4 billion, while trading revenue rose to ₦77.0 billion from ₦57.6 billion.
Total income increased to ₦895.7 billion, compared with ₦646.8 billion in 2024.
Lower Impairments Support Earnings Quality
Net impairment losses declined sharply to ₦14.2 billion from ₦99.4 billion in the prior year, reflecting improved asset quality, recoveries, and disciplined risk management.
The lower impairment charge significantly supported profit growth and underscores the resilience of the loan portfolio.
Expenses and Profitability
Operating expenses increased to ₦329.7 billion from ₦243.7 billion, driven by higher staff costs and inflation-related operating pressures. Despite the cost increase, profit before tax rose to ₦551.8 billion from ₦303.8 billion, highlighting strong operating leverage.
Income tax expense stood at ₦171.0 billion, compared with ₦78.5 billion in the prior year.
Balance Sheet Expansion
Total assets grew to ₦8.62 trillion as at December 31, 2025, up from ₦6.91 trillion in 2024. Loans and advances increased to ₦3.84 trillion from ₦2.40 trillion, largely driven by higher placements with banks. Financial investments rose to ₦1.49 trillion from ₦1.09 trillion, while trading assets increased to ₦862.2 billion from ₦591.5 billion.
Customer deposits rose to ₦4.37 trillion from ₦3.01 trillion, supporting funding stability and liquidity. Total deposits increased to ₦4.78 trillion from ₦3.27 trillion.
Stronger Capital Position
Total equity rose to ₦1.12 trillion from ₦670.6 billion, driven by retained earnings and capital accretion. Reserves increased to ₦858.5 billion from ₦552.6 billion, strengthening the group’s capital buffers.
Earnings Per Share
Basic and diluted earnings per share increased to 2,368 kobo from 1,710 kobo in the prior year, reflecting higher profitability and improved earnings quality.
Stanbic IBTC’s 2025 performance highlights strong earnings momentum, balance sheet growth, and improving asset quality.
The combination of higher interest income, diversified non-interest revenue, and lower credit losses positions the group for sustained performance amid evolving macroeconomic conditions.
