Jaiz Bank Plc closed 2025 with ₦1.29 trillion in assets, ₦31.04 billion in profit, and 69.62 kobo earnings per share, according to the bank’s unaudited financial statement.
Balance Sheet Performance
Total assets rose to ₦1.29 trillion in 2025 from ₦1.08 trillion in 2024 amid broad growth across liquid assets and investment securities.
Cash and balances with the Central Bank of Nigeria declined to ₦214.54 billion, down from ₦238.76 billion, while placements with banks and other financial institutions increased to ₦174.57 billion from ₦142.40 billion.
Investment in sukuk expanded to ₦489.49 billion, compared with ₦349.56 billion a year earlier, reinforcing Jaiz Bank’s increasing allocation to Shari’ah-compliant fixed-income assets.
Financing assets declined to ₦215.25 billion from ₦245.69 billion, while inventory financing reduced to ₦58.34 billion.
Property and equipment increased to ₦20.17 billion, while leasehold improvements fell sharply to ₦4.43 billion from ₦27.67 billion, largely due to depreciation and asset rationalisation.
Liabilities and Funding Structure
Total liabilities declined to ₦1.01 trillion from ₦1.22 trillion, driven mainly by a reduction in other funding lines.
Customer current deposits rose sharply to ₦724.05 billion, up from ₦493.60 billion, highlighting strong deposit mobilisation and improved liquidity support. Customers’ unrestricted investment accounts stood at ₦394.28 billion, underscoring the scale of profit-sharing investment funding under the bank’s non-interest banking model.
Tax payable increased slightly to ₦77.19 billion, from ₦73.90 billion in 2024.
Equity Position
Total shareholders’ equity declined modestly to ₦68.34 billion, compared with ₦71.47 billion in the prior year, reflecting lower retained earnings.
Retained earnings fell to ₦12.57 billion from ₦15.69 billion, while statutory, regulatory, and other reserves remained unchanged, providing balance-sheet stability.
Income and Profitability
Gross income from financing and investment activities rose to ₦97.93 billion, up from ₦76.41 billion in 2024, supported by higher income from sukuk investments and financing contracts.
After impairment charges of ₦452.08 million, net income after provisions stood at ₦97.47 billion, compared with ₦76.57 billion a year earlier.
Returns paid to equity investment account holders increased to ₦26.86 billion, leaving the bank’s share as equity investor at ₦70.61 billion, up from ₦55.29 billion in 2024.
Net fees and commission income improved, while other operating income contributed ₦1.09 billion, partly offset by an unrealised foreign exchange loss of ₦226.40 million.
Costs and Earnings
Total operating expenses rose to ₦43.37 billion from ₦37.31 billion, driven by higher staff costs and other operating expenses.
Profit before tax increased to ₦31.39 billion, compared with ₦24.44 billion in 2024. After tax, profit for the year stood at ₦31.04 billion, up from ₦23.48 billion.
Earnings per share improved to 69.62 kobo, from 66.38 kobo recorded in the previous year.
Outlook
Jaiz Bank’s 2025 results reflect continued balance-sheet expansion anchored on deposit growth and sukuk investments, with profitability supported by stronger financing and investment income.
However, rising operating costs and a modest decline in equity highlight the importance of cost discipline, efficient asset deployment, and sustained deposit mobilisation as the bank positions for growth in 2026.
