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	Sep '26 Sep 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	34,717	18,972	11,954	7,203	4,836	3,314
Interest Paid on Deposits	26,169	13,884	8,558	4,629	2,805	1,684
Net Interest Income	8,548	5,089	3,397	2,574	2,030	1,630
Net Interest Income Growth	109.53%	49.81%	31.96%	26.79%	24.52%	89.56%
Gain (Loss) on Sale of Assets	0.21	0.66	0.62	2.28	44.9	-7.15
Gain (Loss) on Sale of Investments	282.85	51.1	56.64	53.42	-	-32.22
Other Non-Interest Income	1,503	1,013	422.47	556.98	963.13	408.27
Total Non-Interest Income	1,786	1,064	479.73	612.68	1,008	368.89
Non-Interest Income Growth	146.08%	121.88%	-21.70%	-39.22%	173.26%	207.39%
Revenues Before Loan Losses	10,334	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	10,350	6,168	3,792	3,295	3,182	2,179
Revenue Growth	119.21%	62.66%	15.08%	3.55%	46.01%	-
Salaries and Employee Benefits	1,549	903.8	955.01	774.63	639.36	590.43
Occupancy Expenses	400.69	203.37	190.97	155.65	108.15	71.75
Amortization of Goodwill & Intangibles	31.91	31.33	28.7	9.46	5.06	4.61
Selling, General & Administrative	269.77	201.24	157.93	139.95	129.75	108.63
Other Non-Interest Expense	3,260	1,703	1,231	1,264	1,473	742.83
Total Non-Interest Expense	5,512	3,043	2,563	2,344	2,355	1,518
EBT Excluding Unusual Items	4,838	3,125	1,229	951.34	827.27	661.06
Pretax Income	4,838	3,125	1,229	951.34	827.27	661.06
Income Tax Expense	1,861	960.51	160.76	80.06	61.11	38.87
Net Income	2,976	2,165	1,068	871.28	766.16	622.2
Net Income to Common	2,976	2,165	1,068	871.28	766.16	622.2
Net Income Growth	86.98%	102.67%	22.60%	13.72%	23.14%	-
Basic Shares Outstanding	30,076	10,154	10,154	10,154	10,154	7,024
Diluted Shares Outstanding	30,076	10,154	10,154	10,154	10,154	7,024
Shares Change	215.58%	-	-	-	44.56%	10.83%
EPS (Basic)	0.10	0.21	0.11	0.09	0.08	0.09
EPS (Diluted)	0.10	0.21	0.11	0.09	0.08	0.09
EPS Growth	-40.75%	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	Sep '26 Sep 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	38.48%	30.73%	13.08%	8.42%	7.39%	5.88%