Stanbic IBTC Holdings Plc reported a pretax profit of N551.7 billion for the 2025 financial year, up from N303.7 billion in 2024. The increase was driven by a 38.94% year-on-year rise in interest income, which reached N787.05 billion. Loans and advances contributed 60% of the interest income, while investment income accounted for 36%. The bank also recorded a significant surge in deposits, though exact figures were not disclosed. As part of its financial results, Stanbic declared a dividend for shareholders. The performance reflects growth in both lending and investment activities during the period. The audited financial statements were officially released by the company.
Stanbic's profit nearly doubled while the cost of borrowing remains high for Nigerian businesses and households. The bank's reliance on loans and advances for 60% of its interest income suggests lending activity increased, yet there is no indication that this translated into affordable credit for average Nigerians. Deposits surged, but the benefit of that growth is visible in corporate earnings, not in lower interest rates or expanded financial access. Shareholders will receive a dividend, but account holders whose funds enabled the profit see no such return.
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