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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Stanbic IBTC

STANBIC · Nigerian Exchange · Consolidated statements

On this page
Company details
Legal name
Stanbic IBTC Holdings PLC
Listing
STANBIC on the Nigerian Exchange, active · ISIN NGSTANBIC003 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, signed / final · source

  • Net interest income

    NGN 585 billion

    585,008 NGN millions · p96

    +42.5% vs 2024

    Interest income less interest expense, as printed.

  • Income before credit impairment charges

    NGN 896 billion

    895,724 NGN millions · p96

    +38.5% vs 2024

    The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.

  • Profit / (loss) for the year

    NGN 381 billion

    380,796 NGN millions · p96

    +69.0% vs 2024

  • Total assets

    NGN 8.62 trillion

    8,620,110 NGN millions · p95

    +24.7% vs 2024

  • Customer deposits

    NGN 4.37 trillion

    4,371,784 NGN millions · p95

    +45.2% vs 2024

  • Total equity

    NGN 1.12 trillion

    1,123,903 NGN millions · p95

    +67.6% vs 2024

Large amounts are rounded for reading (NGN million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in NGN millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — annual report, signed / final; reported for the year · source
  • FY2024 — annual report, signed / final; comparative in the FY2025 filing · source

Income statement

Income statement, NGN millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Net interest income 585,008 410,451
Interest income 787,052 566,462
Interest expense (202,044) (156,011)
Non-interest revenue 310,716 236,393
Net fee and commission revenue 230,155 170,395
Fee and commission revenue 257,772 186,417
Fee and commission expense (27,617) (16,022)
Income from life insurance activities1 (4,734) (2,265)
Net insurance service result before reinsurance contracts held2 6,750 2,167
Net expense from reinsurance contracts held3 (378) (541)
Net insurance finance expenses4 (16,482) (863)
Fair value gain/ (loss) on financial assets fair value through P&L5 5,376 (3,028)
Trading revenue 76,952 57,568
Other income/(loss) 8,343 10,695
Income before credit impairment charges 895,724 646,844
Net impairment (loss)/ write-back on financial assets (14,220) (99,359)
Income after credit impairment charges6 881,504 547,485
Operating expenses (329,747) (243,689)
Staff costs (113,426) (86,681)
Other operating expenses (216,321) (157,008)
Profit before tax 551,757 303,796
Income tax charge (170,961) (78,485)
Profit for the year 380,796 225,311
Non-controlling interests7 4,266 3,705
value through other comprehensive income (OCI)8 (84) (186)
value through other comprehensive income (OCI)9 8,026 (2,310)
Other comprehensive (loss)/income for the year net of tax 7,942 (2,496)
Total comprehensive income for the year 388,738 222,815
Notes and alternative reported figures (9)
  1. “Income from life insurance activities” is an issuer-specific line, not mapped to a shared definition: Printed subtotal within non-interest revenue (note 33.4).
  2. “Net insurance service result before reinsurance contracts held” is an issuer-specific line, not mapped to a shared definition: Note 33.4.
  3. “Net expense from reinsurance contracts held” is an issuer-specific line, not mapped to a shared definition: Note 33.4.
  4. “Net insurance finance expenses” is an issuer-specific line, not mapped to a shared definition: Note 33.4.
  5. “Fair value gain/ (loss) on financial assets fair value through P&L” is an issuer-specific line, not mapped to a shared definition: Note 33.4 (life insurance activities).
  6. “Income after credit impairment charges” is an issuer-specific line, not mapped to a shared definition: Printed subtotal.
  7. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Printed under 'Profit attributable to:' (note 13.3).
  8. “value through other comprehensive income (OCI)” is an issuer-specific line, not mapped to a shared definition: OCI, never reclassified (subtotal of note 35.3 rows).
  9. “value through other comprehensive income (OCI)” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified (subtotal of ECL, fair value change and realised adjustments).

Balance sheet

Balance sheet, NGN millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Cash and bank balances 1,697,476 2,245,312
Trading assets 862,164 591,532
Pledged assets1 109,846 127,928
Derivative assets 78,110 124,129
Financial investments 1,485,571 1,085,256
Loans and advances2 3,841,749 2,400,232
Loans and advances to banks3 1,465,614 51,854
Loans and advances to customers 2,376,135 2,348,378
Other assets 404,132 236,044
Investment in subsidiaries4 –5 –5
Reinsurance assets6 1,165 1,051
Property and equipment 123,569 91,800
Intangible assets 2,937 1,721
Right of use assets 6,956 6,763
Deferred tax assets 6,435 324
Total assets 8,620,110 6,912,092
Equity 1,123,903 670,648
Equity attributable to ordinary shareholders 1,113,484 661,890
Ordinary share capital 7,951 6,479
Share premium 247,055 102,780
Reserves7 858,478 552,631
Non-controlling interest 10,419 8,758
Liabilities 7,496,207 6,241,444
Trading liabilities8 588,704 1,248,905
Derivative liabilities 14,881 61,850
Current tax liabilities 176,686 64,982
Deposit and current accounts9 4,781,456 3,273,656
Deposits from banks 409,672 263,794
Deposits from customers 4,371,784 3,009,862
Other borrowings 545,257 417,589
Debt securities issued10 340,678 112,697
Provisions 15,150 12,920
Other liabilities 957,951 996,688
Insurance contract liabilities 72,429 39,333
Deferred tax liabilities 3,015 12,824
Total equity and liabilities 8,620,110 6,912,092
Less: restricted balance with the Central Bank of Nigeria11 (1,061,270) (717,040)
Treasury bills (90 days' tenor or less)12 –13 253,947
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
  2. Printed “-”; reading unresolved, so no amount is shown. Printed dash in note 37.3; the note's total agrees with a nil reading but no subtotal check covers it.
Notes and alternative reported figures (11)
  1. “Pledged assets” is an issuer-specific line, not mapped to a shared definition: Note 8.1.
  2. “Loans and advances” is an issuer-specific line, not mapped to a shared definition: Note 12: printed subtotal of loans and advances to banks and to customers.
  3. “Loans and advances to banks” is an issuer-specific line, not mapped to a shared definition: Note 12.
  4. “Investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Note 13 (eliminated on consolidation: Group printed '-').
  5. “Reinsurance assets”: mapping to a shared definition is uncertain. Reinsurance assets of the life insurance subsidiary.
  6. “Reserves” is an issuer-specific line, not mapped to a shared definition: Printed total of reserves (statement of changes in equity).
  7. “Trading liabilities” is an issuer-specific line, not mapped to a shared definition: Note 9.2.
  8. “Deposit and current accounts” is an issuer-specific line, not mapped to a shared definition: Note 23: printed subtotal of deposits from banks and from customers.
  9. “Debt securities issued” is an issuer-specific line, not mapped to a shared definition: Note 25.
  10. “Less: restricted balance with the Central Bank of Nigeria” is an issuer-specific line, not mapped to a shared definition: Note 37.3 (cash and cash equivalents for the statement of cash flows): printed as a deduction from cash and bank balances.
  11. “Treasury bills (90 days' tenor or less)” is an issuer-specific line, not mapped to a shared definition: Note 37.3: included in cash and cash equivalents for the statement of cash flows.

Cash flow

Cash flow, NGN millions. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Adjusted for:1 (543,878) 24,389
(Increase)/decrease in assets2 (977,886) (76,574)
Increase/(decrease) in deposits and other liabilities3 639,527 850,633
Cash flows from operations (330,480) 1,102,244
Dividends received4 1,522 936
Interest received 749,220 566,462
Interest paid5 (108,999) (156,011)
Direct taxation paid (75,128) (21,933)
Net cash flows used in operating activities 236,135 1,491,698
Capital expenditure on property and equiptment (51,570) (36,840)
intangible assets (2,310) (15)
right of use assets6 (7,080) (3,816)
Proceeds from sale of property, equipment, furniture and vehicles 10,072 6,157
Additional investment in subsidiaries7 –8 –8
Purchase of financial investments9 (489,126) (988,574)
Sale of financial investments10 97,863 595,418
Net cash flows (used in)/ from investing activities (442,151) (427,670)
Proceeds from addition to other borrowings 254,608 66,958
Repayment of other borrowings-Interest11 (25,478) 11,038
Repayment of other borrowings-Principal (98,394) (302,286)
Proceed from debt securities issued12 248,602 –13
Repayment of debt securities issued-Principal14 (21,527) (4,407)
Repayment of debt securities issued-Interest15 (13,874) (11,120)
Repayment of leases16 (784) (2,769)
Unclaimed dividend paid17 –13 (4,940)
Increase in share capital and premium18 145,747 –13
Cash dividends paid (81,230) (56,755)
Net cash flows used in financing activities 407,670 (304,281)
Net increase/ (decrease) in cash and cash equivalents 201,654 759,747
Effect of foreign exchange rate changes on cash and cash equivalents 66,093 502,424
Cash and cash equivalents at beginning of the year 1,834,073 571,902
Cash and cash equivalents at end of the year 2,101,820 1,834,073
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (16)
  1. “Adjusted for:” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of non-cash and reclassified items added to profit before tax.
  2. “(Increase)/decrease in assets” is an issuer-specific line, not mapped to a shared definition: Operating (note 37.1).
  3. “Increase/(decrease) in deposits and other liabilities” is an issuer-specific line, not mapped to a shared definition: Operating (note 37.2).
  4. “Dividends received” is an issuer-specific line, not mapped to a shared definition: Operating.
  5. “Interest paid”: mapping to a shared definition is uncertain. Interest paid in operating activities (deposits and other interest-bearing liabilities).
  6. “right of use assets” is an issuer-specific line, not mapped to a shared definition: Investing (note 37.5).
  7. “Additional investment in subsidiaries” is an issuer-specific line, not mapped to a shared definition: Investing; Group printed '-'.
  8. “Purchase of financial investments” is an issuer-specific line, not mapped to a shared definition: Investing (note 37.6).
  9. “Sale of financial investments” is an issuer-specific line, not mapped to a shared definition: Investing (note 37.6).
  10. “Repayment of other borrowings-Interest” is an issuer-specific line, not mapped to a shared definition: Financing (note 24); 2024 printed as an inflow (11,038).
  11. “Proceed from debt securities issued” is an issuer-specific line, not mapped to a shared definition: Financing (note 25).
  12. “Repayment of debt securities issued-Principal” is an issuer-specific line, not mapped to a shared definition: Financing (note 25).
  13. “Repayment of debt securities issued-Interest” is an issuer-specific line, not mapped to a shared definition: Financing (note 25).
  14. “Repayment of leases”: mapping to a shared definition is uncertain. Lease repayments; the principal/interest split is not printed.
  15. “Unclaimed dividend paid” is an issuer-specific line, not mapped to a shared definition: Financing (note 37.7).
  16. “Increase in share capital and premium” is an issuer-specific line, not mapped to a shared definition: Financing (note 21.1): rights issue.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Earnings / (loss) per share (per share)3 23.681 13.942
Profit / (loss) attributable to shareholders (NGN millions)4 376,530 221,606
  1. Printed as 2,368 kobo; value converted to NGN at 100 kobo = 1 NGN.
  2. Printed as 1,394 kobo; value converted to NGN at 100 kobo = 1 NGN.
Notes and alternative reported figures (2)
  1. Earnings / (loss) per share: printed as “Basic earnings per ordinary share (kobo)”.
  2. Profit / (loss) attributable to shareholders: printed as “Equity holders of the parent”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) Cash dividends paid (81,230) NGN millions Annual report, p99
31 Dec 2024 Dividends paid (cash flow statement) Cash dividends paid (56,755) NGN millions Annual report, p99

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Stanbic IBTC Holdings PLC Annual Report for the year ended 31 December 2025

    Year ended 31 December 2025 · Annual report · signed / final

    Audit: PricewaterhouseCoopers (Chartered Accountants, Lagos), unmodified opinion · signed

    Auditor's sign-off: Obioma Ubah (engagement partner), for PricewaterhouseCoopers

    Final status: Independent auditor's report to the members of Stanbic IBTC Holdings PLC on the consolidated and separate financial statements (PDF pp92-94; opinion p92), unmodified, with a handwritten signature above 'For: PricewaterhouseCoopers, Chartered Accountants, Lagos, Nigeria, Engagement Partner: Obioma Ubah, FRC/2013/PRO/ICAN/004/00000002002', the ICAN seal and the date 17 April 2026 (p94, page image). Statement of financial position 'Signed on behalf of the Board by' Chuma Nwokocha (Chief Executive), Sola David-Borha (Chairman) and Kunle Adedeji (CFO), each with a handwritten signature and the date 30 January 2026 (p95, page image).

    Document date
    17 Apr 2026
    Auditor's report
    17 Apr 2026
    Board approval
    30 Jan 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · NGN millions (printed “₦'million”)
    • Cash and cash equivalents for the statement of cash flows (note 37.3, p175) = cash and bank balances less the restricted balance with the Central Bank of Nigeria, plus treasury bills and loans and advances to banks of 90 days' tenor or less (the latter equal to the balance-sheet 'Loans and advances to banks').
    • Key audit matter (p93): valuation of insurance contract liabilities (N72.4 billion). The auditor reports regulatory penalties paid in the year (note 42; p94). No emphasis-of-matter or going-concern paragraph.
    • The directors' signatures on the statement of financial position are dated 30 January 2026 (p95), before the auditor's report date of 17 April 2026 (p94); both as printed. The auditor's 'Other matter' paragraph on the ICFR report (p91) names 'Stanbic IBTC Holdings Limited' (as printed).
    • EPS printed in kobo: Group basic 2,368 (2024: 1,394); diluted printed identically (p96).
    Technical details
    File
    195 pages, with a text layer
    SHA-256
    99d17eb5fea45ea96ad734af8d40eeedb133fe68993966d9d70490c45e69f5a1
    Entity as printed
    Stanbic IBTC Holdings PLC and its subsidiaries (the group)
    Exchange copy
    retrieved 2026-10-08T20:40:38Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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