AVA Capital Plc Reports N2.63 Billion Profit in 2026
AVA Capital Plc announced a profit before tax of N2.63 billion for the nine months ending September 30, 2026. During this period, client investment funds surged to N77.79 billion, a remarkable increase from N9.24 billion at the end of 2025, marking a growth of approximately 742%.
The company recorded revenue of N5.87 billion, with a profit after tax of N1.84 billion. The profit before tax margin was reported at 44.8%, and total assets reached N94.43 billion as of September 30, 2026.
This reporting period is significant as it is the first for AVA Capital as a combined group, which includes AVA Capital Plc, AVA Global Asset Managers Limited, AVA Trustees Limited, and AVA Securities Limited. Kayode Fadahunsi, the Managing Director and Chief Executive Officer of AVA Capital Plc, stated that the results reflect the strength of the group's operating model.
The company listed its ordinary shares on the Nigerian Exchange in August, reinforcing its commitment to innovative financial services in Nigeria.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
Read full article
Continue on Nairametrics
Get the week in one email
Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.
Related Stories
AVA Capital Plc Board Meeting Set for October 2026
Veritas Kapital Assurance Reports N3.04bn Profit in 2025
FirstHoldCo Leads Five Banks with N2.29tn Profit in 2026
Fadahunsi Advocates for Trust and Depth in Nigeria's Capital Market
Dangote Launches $50 Billion Investment Plan for Africa
CBN Rate Cut Fails to Improve MSME Credit Access
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
