HomeBusinessStanbic IBTC Don Shine Like Star For 2025 Money Matter

Stanbic IBTC Don Shine Like Star For 2025 Money Matter

Una no go believe wetin I dey hear my people! Stanbic IBTC no just carry last o! Dem don drop better financial report wey go make many pipo dey dance.

For year wey end for December 31, 2025, dem make profit wey reach N381 billion! Abeg, na big money be that, you fit reason am say na 68 percent increase from the N225.3 billion wey dem make for 2024. Na im be say dem dey enter plenty money now.

Dem report say total income sef rise go N896 billion, wey na 38 percent increase from the N647 billion wey dem carry come last year. Wetin cause this brisk wahala? E get why o! Na because fee and commission revenue don skyrocket go N230.2 billion. That one na 35 percent increase from the N170.4 billion way dem gather last year.

My people, make I tell you say trading revenue no wan gree take back seat at all! E don rise go N77 billion, wey be 33 percent jump year-on-year. This money matter na for dem wey sabi how to manage dem financial play, no be small!

Net interest income too don blow like balloon, as e don touch N585 billion. Na 43 percent increase from the N410.5 billion wey dem fit gather in 2024. This one dey show say dem dey lend money well-well, and dem assets dey shine like new money!

But no forget say for all dis big wahala, dem expenses don rise too! Operating expenses don climb go N330 billion, wey na 35 percent increase from N244 billion. Most of this money na because dem dey pay staff and dem administrative wahala don increase. Na real struggle o!

Wait, the gist dey sweet pass as we dey talk Q4 alone! For fourth quarter, dem manage post profit of N101.2 billion! E be like miracle as e don reach 652 percent increase from the N13.4 billion dem get in Q4 2024. If you dey hear all dis kind figure, you go just dey jubilation!

As if that one no do, basic earnings per share don rise reach 2,368 kobo, wey don pass the 1,710 kobo wey dem dey hold last year. My pipo, wetin dis one mean be say all dem shareholders go dey chop better life dis year. Na real good news for dem!


Do you have a news tip for NNN? Please email us at editor @ nnn.ng


RELATED ARTICLES
- Advertisment -

Most Popular