Jaiz 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	56,791	42,058	32,042	27,357	21,589	15,205
Interest Income on Investments	53,807	56,697	44,366	17,159	9,862	8,972
Total Interest Income	110,598	98,754	76,408	44,515	31,450	24,177
Interest Paid on Deposits	31,355	26,862	21,286	11,100	6,905	4,940
Net Interest Income	79,243	71,892	55,122	33,415	24,545	19,237
Net Interest Income Growth	14.29%	30.42%	64.96%	36.14%	27.59%	28.49%
Other Non-Interest Income	4,486	4,059	6,467	2,722	1,836	1,451
Total Non-Interest Income	4,486	4,059	6,467	2,722	1,836	1,451
Non-Interest Income Growth	-29.77%	-37.24%	137.59%	48.25%	26.51%	70.14%
Revenues Before Loan Losses	83,729	75,951	61,589	36,137	26,381	20,689
Provision for Loan Losses	1,610	1,388	-166.33	4,320	3,889	3,721
Revenue	82,119	74,563	61,755	31,817	22,492	16,968
Revenue Growth	10.89%	20.74%	94.09%	41.46%	32.56%	32.60%
Salaries and Employee Benefits	22,779	18,187	13,759	9,258	8,100	7,238
Occupancy Expenses	2,898	2,303	1,835	1,389	1,632	781.98
Selling, General & Administrative	-654.73	2,170	-	1,218	298.31	-
Other Non-Interest Expense	25,450	20,656	21,717	8,898	5,829	4,789
Total Non-Interest Expense	50,471	43,316	37,310	20,764	15,859	12,810
EBT Excluding Unusual Items	31,648	31,247	24,445	11,054	6,633	4,158
Pretax Income	31,648	31,247	24,445	11,054	6,633	4,158
Income Tax Expense	1,088	1,090	960.62	-183.59	-248.54	73.58
Net Income	30,560	30,157	23,484	11,237	6,881	4,085
Net Income to Common	30,560	30,157	23,484	11,237	6,881	4,085
Net Income Growth	8.15%	28.41%	108.99%	63.30%	68.47%	40.69%
Basic Shares Outstanding	44,720	44,589	35,379	34,541	34,541	31,157
Diluted Shares Outstanding	44,720	44,589	35,379	34,541	34,541	31,157
Shares Change	4.53%	26.04%	2.42%	-	10.86%	5.74%
EPS (Basic)	0.68	0.68	0.66	0.33	0.20	0.13
EPS (Diluted)	0.68	0.68	0.66	0.33	0.20	0.13
EPS Growth	3.46%	1.89%	104.04%	63.30%	51.96%	33.05%

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	0.110	0.110	0.070	0.040	0.050	0.040
Dividend Growth	57.14%	57.14%	75.00%	-20.00%	25.00%	33.33%
Effective Tax Rate	3.44%	3.49%	3.93%	-	-	1.77%