Zenith Bank Plc has reported a profit after tax of N1.04 trillion for the year ended December 31, 2025.
The bank disclosed this in its audited results, which showed gross earnings of N4.19 trillion, up from N3.97 trillion in 2024.
It said the increase was driven by growth in interest income, which rose to N3.7 trillion.
Net interest income also increased to N2.64 trillion during the period.
Profit before tax fell to N1.26 trillion from N1.33 trillion in 2024. The bank said the decline followed write-offs linked to loans under regulatory forbearance. It added that profit after tax rose by one percent from the previous year.
Customer deposits increased to N24.33 trillion from N21.9 trillion, while gross loans stood at N11.06 trillion.
The bank said loan growth was affected by write-offs of some exposures.
The non-performing loan ratio declined to 3.8 percent from 4.7 percent, while the coverage ratio stood at 172.6 percent.
Return on average equity was 23.2 percent and return on average assets was 3.4 percent. The net interest margin was 13.7 percent, while the cost-to-income ratio rose to 45.2 percent.
The bank reported a liquidity ratio of 71 percent and a capital adequacy ratio of 25 percent.
Commenting on the results, group managing director and chief executive officer Adaora Umeoji said the bank focused on improving asset quality and its balance sheet.
“Our 2025 results are a reflection of the discipline and focus with which we executed our strategy. We strengthened our asset quality and optimised our balance sheet,” she said.
She added that the bank will continue to support its customers.
The board proposed a final dividend of N8.75 per share.
Combined with the interim dividend of N1.25, the total dividend for the year stands at N10 per share, subject to shareholder approval.
