Custodian Investment Projects 58% Profit Increase for 2026

Custodian Investment Plc has projected a 58.2% increase in profit after tax to N77.64 billion for the financial year ending December 31, 2026, up from N49.41 billion recorded in 2025. The profit attributable to owners of the parent company is expected to rise to N75.58 billion, compared to N48.78 billion in the previous year.

The company forecasts gross revenue to climb to N312.64 billion in 2026, representing a 77.8% increase from N175.81 billion in 2025. Profit before tax is projected at N88.71 billion, up 52.6% from N58.13 billion in 2025.

The earnings growth is supported by net fair value gains expected to increase to N30.21 billion from N9.72 billion in 2025. However, operating expenses are projected to more than double to N225.52 billion from N110.82 billion.

The company anticipates a net cash decline of N65.19 billion in cash and cash equivalents during 2026, compared to a decline of N8.63 billion in 2025.