Nume Ekeghe
Jaiz Bank Plc, recorded complete property ofN1.69 trillion and buyer deposits of approximatelyN1.52 trillion as at September 30, 2026, reflecting continued development in its steadiness sheet.
The Bank’s unaudited monetary statements for the 9 months ended September 30, 2026, confirmed that complete property rose by 31.6 per cent fromN1.29 trillion recorded on the finish of December 2025 toN1.69 trillion. Customer deposits, comprising present deposits and unrestricted funding accounts, stood at approximatelyN1.52 trillion.
Gross earnings additionally elevated by 16.1 per cent toN88.16 billion fromN75.90 billion recorded within the corresponding interval of 2025, pushed by contributions from financing contracts, funding actions and different earnings streams.
Profit earlier than tax rose marginally to N23.69 billion fromN23.29 billion within the corresponding interval of 2025, whereas revenue after tax elevated toN23.28 billion fromN22.88 billion, representing a year-on-year development of roughly 1.8 per cent.
A breakdown of the earnings confirmed that earnings from financing contracts elevated to N45.87 billion from N31.14 billion within the corresponding interval of 2025, whereas earnings from funding actions stood at N38.14 billion.
“An enhance of roughly 16.1% from N75.90 billion recorded within the corresponding interval of 2025. The efficiency displays contributions from its financing contracts, funding actions and different earnings streams.
“Profitability remained positive, with profit before tax rising to n23.69 billion, compared with N23.29 billion in the corresponding period of 2025. Profit after tax also increased to N23.28 billion from N22.88 billion, representing year-on-year growth of approximately 1.8 per cent,” the financial institution mentioned.
It added, “Income from financing contracts increased to N45.87 billion from N31.14 billion in the corresponding period of 2025, while income from investment activities stood at ₦38.14 billion. These results highlight the contribution of the Bank’s financing and investment activities to its overall earnings performance.”
