Jaiz Bank 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	45,918	32,042	27,357	21,589	15,205
Interest Income on Investments	52,007	44,366	17,159	9,862	8,972
Total Interest Income	97,925	76,408	44,515	31,450	24,177
Interest Paid on Deposits	26,862	21,286	11,100	6,905	4,940
Net Interest Income	71,063	55,122	33,415	24,545	19,237
Net Interest Income Growth (YoY)	28.92%	64.96%	36.14%	27.59%	28.49%
Other Non-Interest Income	4,150	6,467	2,722	1,836	1,451
Total Non-Interest Income	4,150	6,467	2,722	1,836	1,451
Non-Interest Income Growth (YoY)	-35.82%	137.59%	48.25%	26.51%	70.14%
Revenues Before Loan Losses	75,213	61,589	36,137	26,381	20,689
Provision for Loan Losses	452.08	-166.33	4,320	3,889	3,721
Revenue	74,761	61,755	31,817	22,492	16,968
Revenue Growth (YoY)	21.06%	94.09%	41.46%	32.56%	32.60%
Salaries and Employee Benefits	18,187	13,759	9,258	8,100	7,238
Occupancy Expenses	2,304	1,835	1,389	1,632	781.98
Selling, General & Administrative	3,638	2,084	1,218	298.31	-
Other Non-Interest Expense	19,239	19,632	8,898	5,829	4,789
Total Non-Interest Expense	43,367	37,310	20,764	15,859	12,810
EBT Excluding Unusual Items	31,394	24,445	11,054	6,633	4,158
Pretax Income	31,394	24,445	11,054	6,633	4,158
Income Tax Expense	351.62	960.62	-183.59	-248.54	73.58
Net Income	31,043	23,484	11,237	6,881	4,085
Net Income to Common	31,043	23,484	11,237	6,881	4,085
Net Income Growth	32.19%	108.99%	63.30%	68.47%	40.69%
Basic Shares Outstanding	44,589	35,379	34,541	34,541	31,157
Diluted Shares Outstanding	44,589	35,379	34,541	34,541	31,157
Shares Change (YoY)	26.04%	2.42%	-	10.86%	5.74%
EPS (Basic)	0.70	0.66	0.33	0.20	0.13
EPS (Diluted)	0.70	0.66	0.33	0.20	0.13
EPS Growth	4.88%	104.04%	63.30%	51.96%	33.05%
Dividend Per Share	-	0.070	0.040	0.050	0.040
Dividend Growth	-	75.00%	-20.00%	25.00%	33.33%
Effective Tax Rate	1.12%	3.93%	-	-	1.77%

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