Abbey Bank Income Statement

Financials in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	25,742	18,972	11,954	7,203	4,836	3,314
Interest Paid on Deposits	19,639	13,884	8,558	4,629	2,805	1,684
Net Interest Income	6,103	5,089	3,397	2,574	2,030	1,630
Net Interest Income Growth	59.37%	49.81%	31.96%	26.79%	24.52%	89.56%
Gain (Loss) on Sale of Assets	0.16	0.66	0.62	2.28	44.9	-7.15
Gain (Loss) on Sale of Investments	51.1	51.1	56.64	53.42	-	-32.22
Other Non-Interest Income	1,599	1,013	422.47	556.98	963.13	408.27
Total Non-Interest Income	1,650	1,064	479.73	612.68	1,008	368.89
Non-Interest Income Growth	209.52%	121.88%	-21.70%	-39.22%	173.26%	207.39%
Revenues Before Loan Losses	7,753	6,153	3,876	3,187	3,038	1,999
Provision for Loan Losses	-15.27	-15.27	84.2	-108.48	-143.97	-180.12
Revenue	7,769	6,168	3,792	3,295	3,182	2,179
Revenue Growth	81.57%	62.66%	15.08%	3.55%	46.01%	-
Salaries and Employee Benefits	1,083	903.8	955.01	774.63	639.36	590.43
Occupancy Expenses	228.23	203.37	190.97	155.65	108.15	71.75
Amortization of Goodwill & Intangibles	30.76	31.33	28.7	9.46	5.06	4.61
Selling, General & Administrative	100.73	201.24	157.93	139.95	129.75	108.63
Other Non-Interest Expense	2,541	1,703	1,231	1,264	1,473	742.83
Total Non-Interest Expense	3,983	3,043	2,563	2,344	2,355	1,518
EBT Excluding Unusual Items	3,786	3,125	1,229	951.34	827.27	661.06
Pretax Income	3,786	3,125	1,229	951.34	827.27	661.06
Income Tax Expense	1,121	960.51	160.76	80.06	61.11	38.87
Net Income	2,665	2,165	1,068	871.28	766.16	622.2
Net Income to Common	2,991	2,165	1,068	871.28	766.16	622.2
Net Income Growth	194.01%	102.67%	22.60%	13.72%	23.14%	-
Basic Shares Outstanding	10,154	10,154	10,154	10,154	10,154	7,024
Diluted Shares Outstanding	10,154	10,154	10,154	10,154	10,154	7,024
Shares Change	4.27%	-	-	-	44.56%	10.83%
EPS (Basic)	0.29	0.21	0.11	0.09	0.08	0.09
EPS (Diluted)	0.29	0.21	0.11	0.09	0.08	0.09
EPS Growth	181.98%	102.67%	22.60%	13.72%	-14.82%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.120	0.120	0.060	0.040	-	-
Dividend Growth	100.00%	100.00%	50.00%	-	-	-
Effective Tax Rate	29.61%	30.73%	13.08%	8.42%	7.39%	5.88%