Zenith Bank Group Reports N928.8 Billion Profit in 2026

Zenith Bank Group announced a pre-tax profit of N928.80 billion for the nine months ending September 2026, reflecting a 1.24% increase from N917.41 billion in the same period of 2025. The third-quarter pre-tax profit was N290.85 billion, up from N276.6 billion in the second quarter of 2026 and slightly down from N291.7 billion a year earlier.

The bank's earnings were bolstered by a 70.52% reduction in impairment charges, which fell to N230.77 billion from N782.76 billion, a decrease of N551.99 billion. This reduction helped offset a decline in trading performance, which shifted from a N277.65 billion gain to a N229.19 billion loss.

Despite these gains, a higher tax charge resulted in a profit after tax decrease of 11.56% to N675.83 billion. Nigeria remained the largest contributor to revenue, generating N2.33 trillion, approximately 81.38% of consolidated gross earnings.

The bank's balance sheet showed loans of N11.64 trillion and deposits of N27.11 trillion. Zenith Bank's stock traded at N119 per share, down 0.83% on October 30, 2026.