Stanbic IBTC Holdings Plc delivered a sharp earnings rebound in FY2025, with profit after tax rising to ₦102.3bn from ₦57.9bn a year earlier, according to its unaudited financial statements for the year ended 31 December 2025.
Key highlights
• Profit after tax: ₦102.3bn (↑ 78% YoY)
• Total assets: ₦8.62tn (↑ 25% YoY)
• Loans & advances: ₦3.84tn (↑ 60% YoY)
• Earnings per share: 637 kobo
• Dividend paid: ₦78.6bn
Strong earnings rebound anchored on non-interest income
Stanbic IBTC Holdings Plc delivered a sharp earnings rebound in FY2025, with profit after tax rising to ₦102.3bn from ₦57.9bn a year earlier, according to its unaudited financial statements for the year ended 31 December 2025
The profit expansion was driven less by traditional lending margins and more by non-interest income, particularly trading revenue, which surged to ₦53.1bn from ₦12.8bn in 2024. This reflects a year in which market volatility, higher yields, and active balance-sheet positioning favoured banks with strong treasury and trading capabilities.
Net interest income also improved to ₦130.4bn, supported by balance-sheet growth and repricing in a higher-rate environment, although interest expenses rose sharply in line with funding costs.
Balance sheet crosses ₦8.6tn as credit expands aggressively
Stanbic IBTC’s balance sheet expanded by more than ₦1.7tn over the year, with total assets rising to ₦8.62tn, from ₦6.91tn in 2024
The most striking shift was on the asset side:
• Loans and advances jumped 60% to ₦3.84tn
• Customer loans held broadly flat, while interbank placements surged, reflecting liquidity management in volatile markets
• Financial investments rose to ₦1.49tn, up from ₦1.09tn
On the liability side, customer deposits increased to ₦4.37tn, reinforcing Stanbic IBTC’s funding depth despite intensifying competition for deposits across the banking system.
Credit quality improves as impairment pressure eases
Unlike several peers that reported heavy impairment charges in 2025, Stanbic IBTC recorded a net impairment charge of ₦2.6bn, a sharp improvement from the ₦40bn loss booked in 2024
This suggests tighter credit underwriting, better recoveries, and a relatively defensive loan book — a key reassurance for investors amid rising macro and borrower risks.
Capital position strengthened after bonus issue
Shareholders’ equity rose to ₦1.12tn, from ₦671bn a year earlier, supported by retained earnings and a ₦145.7bn bonus share issue during the year
The stronger equity base provides headroom as Nigerian regulators push toward higher capital thresholds and as banks prepare for a more demanding operating environment in 2026.
Investor take: a trading-led earnings cycle, not a credit boom
Stanbic IBTC’s 2025 performance reinforces a broader theme in Nigerian banking: earnings are being driven by market activity and balance-sheet agility rather than pure loan growth.
The surge in trading income and the sharp drop in impairment charges were decisive. While the loan book expanded rapidly, the quality of earnings still leans heavily on treasury and non-interest lines — an advantage in volatile years, but one investors will watch closely if market conditions normalise.
For now, Stanbic IBTC exits 2025 with a larger balance sheet, stronger capital buffers, and restored earnings momentum, positioning it among the more resilient tier of Nigeria’s financial groups.