Stanbic IBTC posts N150bn Q3 profit

Stanbic IBTC Holdings Plc has reported a pretax profit of N150 billion for the third quarter of 2025. This was contained in the financial statements for the period ended September 30, showing an increase of 91.78% from the N78.2 billion recorded in the corresponding period of 2024, bringing the Group’s nine-month pretax profit to N393.8 […]

Stanbic IBTC Holdings Plc has reported a pretax profit of N150 billion for the third quarter of 2025.

This was contained in the financial statements for the period ended September 30, showing an increase of 91.78% from the N78.2 billion recorded in the corresponding period of 2024, bringing the Group’s nine-month pretax profit to N393.8 billion, up 76.66% year-on-year.

The strong performance was driven by a solid top-line showing, as interest income rose by 11.06% to N199.5 billion, pushing the nine-month figure to N584.3 billion, an increase of 37.23%.

Interest on loans and advances to customers contributed the most at N118 billion, followed by interest on investments at N73.5 billion, and interest on loans and advances to banks at N7.9 billion.

On the balance sheet, total assets rose to N8.3 trillion, up from N6.9 trillion in the prior period.

 

Of this amount, loans and advances accounted for the largest share at N2.6 trillion.

 

 

 

Total equity stood at N1.06 trillion; an improvement from N670.6 billion reported six months earlier, driven largely by retained reserves of N800.9 billion.

 

 

 

However, total liabilities also increased by 17.21% to N7.3 trillion, with deposits on current accounts at N4.7 trillion and trading liabilities at N1.1 trillion making up the bulk.