Zenith Bank Plc (NGX:ZENITHBANK)
Nigeria
· Delayed Price · Currency is NGN 47.90
+0.85 (1.81%)
At close: Apr 4, 2025
Zenith Bank Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 2,721,377 | 1,144,674 | 540,166 | 427,597 | 420,813 | Upgrade
|
| Interest Paid on Deposits | 992,474 | 408,492 | 173,539 | 106,793 | 121,131 | Upgrade
|
| Net Interest Income | 1,728,903 | 736,182 | 366,627 | 320,804 | 299,682 | Upgrade
|
| Net Interest Income Growth (YoY) | 134.85% | 100.80% | 14.28% | 7.05% | 12.23% | Upgrade
|
| Income From Trading Activities | 1,100,002 | 566,973 | 212,678 | 167,483 | 121,678 | Upgrade
|
| Gain (Loss) on Sale of Assets | -995 | 189 | 2,563 | 78 | 347 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | 251 | 891 | Upgrade
|
| Other Non-Interest Income | 34,881 | 364,931 | 165,726 | 141,223 | 128,829 | Upgrade
|
| Total Non-Interest Income | 1,133,888 | 932,093 | 380,967 | 309,035 | 251,745 | Upgrade
|
| Non-Interest Income Growth (YoY) | 21.65% | 144.66% | 23.28% | 22.76% | 8.46% | Upgrade
|
| Revenues Before Loan Losses | 2,862,791 | 1,668,275 | 747,594 | 629,839 | 551,427 | Upgrade
|
| Provision for Loan Losses | 658,805 | 409,616 | 123,252 | 59,932 | 39,534 | Upgrade
|
| Revenue | 2,203,986 | 1,258,659 | 624,342 | 569,907 | 511,893 | Upgrade
|
| Revenue Growth (YoY) | 75.11% | 101.60% | 9.55% | 11.33% | 7.74% | Upgrade
|
| Salaries and Employee Benefits | 204,170 | 124,415 | 86,412 | 79,885 | 79,520 | Upgrade
|
| Occupancy Expenses | 44,228 | 29,857 | 26,630 | 25,305 | 25,125 | Upgrade
|
| Amortization of Goodwill & Intangibles | 8,318 | 3,469 | 3,678 | 3,779 | 3,537 | Upgrade
|
| Selling, General & Administrative | 54,850 | 30,835 | 17,610 | 12,783 | 12,499 | Upgrade
|
| Other Non-Interest Expense | 531,786 | 260,896 | 205,362 | 167,781 | 135,351 | Upgrade
|
| Total Non-Interest Expense | 843,352 | 449,472 | 339,692 | 289,533 | 256,032 | Upgrade
|
| EBT Excluding Unusual Items | 1,360,634 | 809,187 | 284,650 | 280,374 | 255,861 | Upgrade
|
| Other Unusual Items | -33,783 | -13,225 | - | - | - | Upgrade
|
| Pretax Income | 1,326,851 | 795,962 | 284,650 | 280,374 | 255,861 | Upgrade
|
| Income Tax Expense | 293,956 | 119,053 | 60,739 | 35,816 | 25,296 | Upgrade
|
| Earnings From Continuing Operations | 1,032,895 | 676,909 | 223,911 | 244,558 | 230,565 | Upgrade
|
| Minority Interest in Earnings | -184 | -340 | 139 | -156 | -191 | Upgrade
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| Net Income | 1,032,711 | 676,569 | 224,050 | 244,402 | 230,374 | Upgrade
|
| Net Income to Common | 1,032,711 | 676,569 | 224,050 | 244,402 | 230,374 | Upgrade
|
| Net Income Growth | 52.64% | 201.97% | -8.33% | 6.09% | 10.39% | Upgrade
|
| Basic Shares Outstanding | 31,423 | 31,396 | 31,396 | 31,396 | 31,396 | Upgrade
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| Diluted Shares Outstanding | 31,423 | 31,396 | 31,396 | 31,396 | 31,396 | Upgrade
|
| Shares Change (YoY) | 0.09% | - | - | - | - | Upgrade
|
| EPS (Basic) | 32.86 | 21.55 | 7.14 | 7.78 | 7.34 | Upgrade
|
| EPS (Diluted) | 32.86 | 21.55 | 7.14 | 7.78 | 7.34 | Upgrade
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| EPS Growth | 52.51% | 201.97% | -8.33% | 6.09% | 10.39% | Upgrade
|
| Dividend Per Share | 5.000 | 4.000 | 3.200 | 3.100 | 3.000 | Upgrade
|
| Dividend Growth | 25.00% | 25.00% | 3.23% | 3.33% | 7.14% | Upgrade
|
| Effective Tax Rate | 22.15% | 14.96% | 21.34% | 12.77% | 9.89% | Upgrade
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Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.