Index to Nigerian Newspapers

Zenith Bank’s Gross Earnings Rise to N3.37tn

Zenith Bank Public Limited Company reported a 16 percent increase in gross earnings for the first nine months of 2025, reaching 3.37 trillion Naira compared to 2.9 trillion Naira in the third quarter of 2024. This growth, driven by a 41 percent rise in interest income to 2.7 trillion Naira, was supported by a favorable interest rate environment and an expanded investment portfolio. However, interest expenses rose 22 percent to 814 billion Naira, resulting in a healthy Net Interest Margin of 12 percent. Profit before tax slightly decreased to 917 billion Naira from 1.00 trillion Naira, while profit after tax fell by 8 percent to 764 billion Naira. Total assets grew 4 percent to 31 trillion Naira, with customer deposits increasing 8 percent to 23.7 trillion Naira, but gross loans declined by 9 percent. Doctor Adaora Umeoji, the Chief Executive Officer, emphasized the bank's strong performance and resilience, projecting sustainable growth through innovation and digital transformation

Abimbola, Oluwakemi | 1.Financial statements--Nigeria.. 2. Financial institutions--Nigeria--Periodicals. | Punch Newspaper | Tuesday, November 04, 2025