Bros and Sis, make I gist you wetin dey happen for Jaiz Bank matter wey sweet pass!
This year, dem don smile for their balance sheet, as dem reported profit of N31.04 billion for 2025, wey don jump from N23.48 billion wey dem make for 2024. E be like say money dey rain from their investment and financing activities o! Na real gbege dey go on!
According to the results wey dem release for the year wey end for 31 December 2025, profit before tax also don rise well-well to N31.39 billion, compared to previous year wey be N24.44 billion. You fit see say dem dey do better business as dem carry more income from core operations.
Dem sef talk say gross income from financing and investment don climb reach N97.93 billion, from N76.41 billion last year. Financing contracts bring in N45.92 billion, while investment activities, especially sukuk investments, don give dem N52.01 billion. No be small money o!
After dem deduct bank charges of N452.08 million, net income come land for N97.47 billion, wetin be bigger than N76.57 billion wey dem make last year. Chai! This bank sabi wetin dem dey do!
Again, fees and commission money don enter well too, as e rise to N74.76 billion from N61.76 billion in 2024. Dem try for this side, you fit see say customers dey patronize dem well-well.
But make we yarn small about their expenses, e don rise reach N43.37 billion from N37.31 billion before; dem spend money well for staff and other operational cost as dem dey expand their branch network. You know say when you dey grow, expense go dey show face for your pocket.
For tax matter, dem get peace as income tax don reduce to N351.62 million from N960.62 million last year. This one na good news for their profit after tax!
Come see earnings per share, e don rise to 69.62 kobo from 66.38 kobo before. This one mean say shareholders go smile well, as royalty dey follow their sweat.
As for their balance sheet, total assets don grow reach N1.29 trillion, from N1.08 trillion for 2024. Sukuk investments don reach N489.49 billion from N349.56 billion, and customer deposits don shoot up to N724.05 billion, compared to N493.60 billion last year. Na big big money we dey talk about!
Owners’ equity don close for N68.34 billion, bit lower than N71.47 billion last year, but na normal thing when dem dey distribute dividend and adjust retained earnings. Your money fit always dey go round!
In total, Jaiz Bank dey focus on how to expand their financing portfolio and investment activities, even as the business environment dey tough. Na so e be my people!
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