NGX:INFINITY Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,710	3,583	2,539	1,806	1,396
Interest Paid on Deposits	1,865	1,132	663.19	385.39	257.04
Net Interest Income	3,845	2,451	1,876	1,421	1,139
Net Interest Income Growth (YoY)	56.88%	30.64%	32.07%	24.72%	39.41%
Other Non-Interest Income	1,082	810.35	364.04	290.49	361.7
Total Non-Interest Income	1,082	810.35	364.04	290.49	361.7
Non-Interest Income Growth (YoY)	33.48%	122.60%	25.32%	-19.69%	23.94%
Revenues Before Loan Losses	4,927	3,261	2,240	1,711	1,501
Provision for Loan Losses	234.26	199.38	66.45	18.09	21.91
Revenue	4,693	3,062	2,174	1,693	1,479
Revenue Growth (YoY)	53.25%	40.86%	28.40%	14.49%	35.63%
Salaries and Employee Benefits	579.65	433.73	334.65	212.74	224.86
Occupancy Expenses	101.18	87.4	76.92	80.27	72.72
Amortization of Goodwill & Intangibles	13.37	9.89	9.47	9.24	7.42
Selling, General & Administrative	326.27	302.7	217.71	118.06	97.7
Other Non-Interest Expense	644.33	505.58	331.71	425.56	419.16
Total Non-Interest Expense	1,665	1,339	970.44	845.88	821.86
EBT Excluding Unusual Items	3,028	1,723	1,203	847.11	656.93
Pretax Income	3,028	1,723	1,203	847.11	656.93
Income Tax Expense	327.35	241.36	202.93	213.63	114.44
Net Income	2,700	1,481	1,000	633.48	542.49
Preferred Dividends & Other Adjustments	-	-	-	42	42
Net Income to Common	2,700	1,481	1,000	591.48	500.49
Net Income Growth	82.31%	48.07%	57.92%	16.77%	31.96%
Basic Shares Outstanding	8,341	8,341	8,341	8,341	8,341
Diluted Shares Outstanding	8,341	8,341	8,341	8,341	8,341
EPS (Basic)	0.32	0.18	0.12	0.07	0.06
EPS (Diluted)	0.32	0.18	0.12	0.07	0.06
EPS Growth	82.31%	48.07%	69.16%	18.17%	35.58%
Dividend Per Share	0.175	0.105	0.075	0.030	0.025
Dividend Growth	66.67%	40.00%	150.00%	20.00%	25.00%
Effective Tax Rate	10.81%	14.01%	16.86%	25.22%	17.42%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.