Stanbic IBTC Holdings 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	756,222	787,052	566,462	270,593	152,670	104,751
Interest Paid on Deposits	237,891	202,044	156,011	95,403	39,551	29,379
Net Interest Income	518,331	585,008	410,451	175,190	113,119	75,372
Net Interest Income Growth	-14.34%	42.53%	134.29%	54.87%	50.08%	1.56%
Income From Trading Activities	263,221	76,952	57,568	62,506	34,687	13,286
Gain (Loss) on Sale of Assets	159	7,575	280	1,054	879	368
Gain (Loss) on Sale of Investments	3,569	1,141	1,004	-106	-485	-
Other Non-Interest Income	273,053	225,048	177,541	116,522	91,252	82,119
Total Non-Interest Income	540,002	310,716	236,393	179,976	126,333	95,773
Non-Interest Income Growth	133.69%	31.44%	31.35%	42.46%	31.91%	-23.20%
Revenues Before Loan Losses	1,058,333	895,724	646,844	355,166	239,452	171,145
Provision for Loan Losses	3,090	14,220	99,359	15,452	10,290	-1,505
Revenue	1,055,243	881,504	547,485	339,714	229,162	172,650
Revenue Growth	34.51%	61.01%	61.16%	48.24%	32.73%	-8.24%
Salaries and Employee Benefits	130,903	111,879	83,122	62,497	49,167	41,058
Selling, General & Administrative	15,853	10,980	10,377	10,378	7,416	4,272
Other Non-Interest Expense	218,691	206,888	150,190	93,932	72,311	61,317
Total Non-Interest Expense	365,447	329,747	243,689	166,807	128,894	106,647
EBT Excluding Unusual Items	689,796	551,757	303,796	172,907	100,268	66,003
Pretax Income	689,796	551,757	303,796	172,907	100,268	66,003
Income Tax Expense	217,113	170,961	78,485	32,290	19,535	9,037
Earnings From Continuing Operations	472,683	380,796	225,311	140,617	80,733	56,966
Minority Interest in Earnings	-5,186	-4,266	-3,705	-3,035	-2,691	-2,588
Net Income	467,497	376,530	221,606	137,582	78,042	54,378
Net Income to Common	467,497	376,530	221,606	137,582	78,042	54,378
Net Income Growth	47.58%	69.91%	61.07%	76.29%	43.52%	-32.82%
Basic Shares Outstanding	15,902	15,902	12,957	12,957	12,957	12,957
Diluted Shares Outstanding	15,902	15,902	12,957	12,957	12,957	12,957
Shares Change	4.86%	22.73%	-	-	-	-
EPS (Basic)	29.40	23.68	17.10	10.62	6.02	4.20
EPS (Diluted)	29.40	23.68	17.10	10.62	6.02	4.20
EPS Growth	40.74%	38.44%	61.07%	76.39%	43.44%	-32.82%

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	8.500	6.500	5.000	3.700	3.500	3.000
Dividend Growth	54.55%	30.00%	35.13%	5.71%	16.67%	-12.50%
Effective Tax Rate	31.47%	30.99%	25.84%	18.68%	19.48%	13.69%