AVA Capital Plc reported profit earlier than tax of N2.63 billion for the 9 months ended September 30, 2026, as client funding funds rose to N77.79 billion following the enlargement of its asset administration enterprise.
The monetary providers group recorded income of N5.87 billion through the interval, alongside profit after tax of N1.84 billion, in keeping with its unaudited nine-month outcomes.
The firm’s profit earlier than tax margin stood at 44.8%, whereas whole belongings reached N94.43 billion as of September 30, 2026.
The outcomes signify AVA Capital’s first nine-month reporting interval as a mixed group comprising AVA Capital Plc, AVA Global Asset Managers Limited, AVA Trustees Limited and AVA Securities Limited.
Client funds develop
Client Investment Funds elevated to N77.79 billion as of September 30, 2026, from N9.24 billion on the finish of 2025, reflecting important progress within the group’s asset administration enterprise.
The enhance represents an increase of roughly 742% over the nine-month interval.
Commenting on the outcomes, Kayode Fadahunsi, Managing Director and Chief Executive Officer of AVA Capital Plc, mentioned the efficiency demonstrated the power of the group’s working mannequin and the alternatives obtainable to the enterprise.
- “Our first nine-month outcomes as a mixed Group display the power of our working mannequin and the alternatives forward.
- “We delivered N2.63 billion in profit earlier than tax at a margin of 44.8%, whereas sustaining prices at 39.9% of earnings. The third quarter contributed N1.17 billion to profit earlier than tax, whereas Client Investment Funds grew to N77.79 billion.
- “We are not building AVA simply to be the biggest in the room; we are building it to be the most trusted. Our focus remains on disciplined execution, operational efficiency and lasting client relationships, while creating sustainable value for shareholders,” he mentioned.
Revenue composition
Interest earnings accounted for the biggest share of the group’s nine-month income at N4.05 billion, adopted by charges and fee earnings of N1.26 billion and different earnings of N558.93 million.
The income combine highlights the contribution of interest-generating actions alongside fee-based providers to the group’s earnings.
- At the corporate stage, income rose to N1.99 billion from N511.70 million within the corresponding interval of 2025.
- Profit earlier than tax elevated to N1.35 billion from N232.81 million, whereas profit after tax climbed to N942.35 million from N162.96 million over the identical interval.
AVA Capital’s outcomes present progress in each earnings and client funding funds throughout its first nine-month reporting interval as a mixed group.
Listing on the NGX
The unaudited monetary outcomes come after AVA Capital PLC listed its peculiar shares on the Nigerian Exchange (NGX) by introduction in August, marking a big milestone within the firm’s progress and reinforcing its dedication to deepening entry to revolutionary monetary providers throughout Nigeria.
The itemizing ceremony, held on the Nigerian Exchange in Lagos, introduced collectively regulators, market operators, buyers, enterprise leaders, and different distinguished stakeholders to mark the corporate’s admission to the Exchange.
AVA Capital Plc is the funding banking arm of AVA Capital Group, a Nigerian monetary providers group whose affiliated entities span asset administration, securities buying and selling, and trusteeship – collectively providing a broad vary of options to institutional, company, and particular person purchasers.
