Nigeria’s leading commercial bank, Zenith Bank Plc has recorded a profit before tax (PBT) of N1.26 trillion for the year ended Dec. 31, 2025, up from N1.33 trillion recorded in 2024.
The bank in its audited financial results, filed at the Nigerian Exchange Ltd. on Tuesday in Lagos, showed that profit after tax rose marginally to N1.04 trillion in 2025 as against N1.03 trillion recorded in 2024.
Taxation declined to N222.82 billion in 2025 from N293.96 billion in 2024.
Gross earnings increased to N4.19 trillion from N3.97 trillion, reflecting growth in revenue.
However, total comprehensive income fell to N1.11 trillion in 2025, down from N1.52 trillion in 2024, due to a
foreign exchange translation loss of N82.13 billion, compared with a gain of N220.29 billion recorded in the previous year.
Fair value gains on equity instruments also declined to N7.38 billion from N151.01 billion in 2024.
Total assets rose to N31.46 trillion in 2025, compared with N29.96 trillion in the previous year, indicating continued expansion.
Retained earnings increased to N2.81 trillion from N2.02 trillion, while other reserves rose to N1.50 trillion from N1.40 trillion.
GIK/APA