Zenith Bank doubles 2025 dividend to N10 after PBT of N1.26trn
Zenith Bank PLC has announced audited full-year results for 2025, reporting a Profit Before Tax (PBT) of NGN1.26 trillion. Despite a 5% drop in PBT due to a deliberate cleanup of legacy loan facilities, Profit After Tax grew 1% to NGN1.04 trillion, with Earnings Per Share at NGN25.32.
Gross earnings rose 6% year-on-year to NGN4.19 trillion, driven by a 35% jump in interest income to NGN3.7 trillion. Customer deposits increased 11% to NGN24 trillion, while gross loans reached NGN11 trillion. The bank's risk profile improved significantly, with the Non-Performing Loan ratio falling to 3.8% from 4.7% and a robust coverage ratio of 173%.
In a major shareholder payout, the Board proposed a final dividend of NGN8.75 per share, plus an interim NGN1.25, totaling NGN10.00 for 2025—doubling the NGN5.00 paid in 2024. The bank maintained strong capital and liquidity ratios (CAR 25%, Liquidity 71%) and a Net Interest Margin of 13.7%.
CEO Dr. Adaora Umeoji stated the results reflect disciplined strategy execution and risk asset cleanup, positioning the bank for future growth. These results indicate a healthier balance sheet focused on sustainable returns.
For investors and customers, the doubled dividend and improved asset quality signal strong operational resilience. Does this performance make Zenith a more compelling hold for your portfolio or savings, given the broader economic climate?