Zenith Bank has reported impressive financial results, with gross earnings reaching N3.4 trillion for the nine months ending September 30, 2025. This marks a 16% increase from N2.9 trillion during the same period last year. The growth is largely attributed to a significant rise in interest income, which surged by 41% to N2.7 trillion, benefiting from a favorable interest rate environment and an expanded investment portfolio.
Despite the strong earnings, the bank also faced challenges, including a 22% increase in interest expenses, which rose to N814 billion due to tighter monetary policies. However, Zenith Bank maintained a healthy net interest margin of 12%, up from 10% in September 2024. Non-interest income saw a decline of 38% to N535 billion, primarily due to a drop in trading gains, leading to a profit before tax of N917 billion, down 8% from the previous year.
The bank’s total assets grew by 4% to N31 trillion, supported by an 8% rise in customer deposits. Zenith Bank’s proactive strategies and focus on improving loan quality and capital base position it well for sustainable growth. Adaora Umeoji, the Group Managing Director/CEO, expressed confidence in the bank’s future, emphasizing its commitment to innovation and addressing clients’ changing needs.
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