Jaiz Bank profit rises 28% in 2025, driven by strong income from financing and investments despite cost pressures and weaker fee income

Jaiz Bank Plc reported a 28.4 per cent year-on-year increase in profit before tax to N31.3 billion for the 2025 financial year, driven by robust growth in financing contracts and investment activities.

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The non-interest bank’s performance reflected sustained earnings momentum, despite rising costs and a decline in net fees and commissions. Fourth-quarter pretax profit rose 8.27 per cent to N8.1 billion, up from N7.4 billion in the same period of 2024, signalling continued top-line growth.

Net income from financing and investment activities climbed to N97.4 billion, compared with N76.5 billion in 2024.

Murabaha transactions remained the largest contributor to financing income at N33.4 billion, followed by Ijara contracts at N10.3 billion.

Investment income grew to N52.0 billion, with sukuk investments accounting for N37.4 billion of the total.

Overall, total income rose 21.1 per cent to N74.7 billion, outpacing a 16.2 per cent increase in operating expenses to N43.3 billion.

The bank’s net profit was supported by careful cost management and strong performance in core revenue streams.

On the balance sheet, total assets expanded to N1.2 trillion from N1.08 trillion in 2024, led by sukuk holdings, financing assets, and cash balances with the Central Bank of Nigeria.

Customer deposits increased, reaching N724 billion, while shareholders’ equity slightly declined to N68.3 billion.

Following the results, Jaiz Bank shares rebounded to N8.05, recovering from a brief dip below N8 earlier in February.

Analysts anticipate that the sustained earnings momentum could drive the stock toward the N9 mark.

Also read: ‘Unjustly enrich himself’ GORI Nig Ltd drags JAIZ Bank Chairman, Umaru Mutallab, to court over alleged unremitted N75m rent

The bank’s 2025 performance underscores the resilience of its non-interest model and highlights the contribution of financing and investment activities in strengthening profitability.