Custodian Investment Plc's Profit Jumps 25.52% in 2026

Custodian Investment Plc (NGX: CUSTODIAN) announced a pre-tax profit of N66.20 billion for the nine months ended September 30, 2026, which is a 25.52% increase from N52.74 billion during the same period in 2025. The unaudited results indicate that in Q3 2026, pre-tax profit rose by 3.68% to N23.08 billion from N22.26 billion in Q3 2025.

The investment holding company experienced a gross revenue increase of 46.92% to N255.41 billion, while profit after tax grew by 26.17% to N57.59 billion, driven by higher interest income and improved insurance service results. The nine-month performance was largely attributed to increased investment earnings and enhanced insurance service profitability, despite rising management expenses and insurance financing costs.

Fees and commission income surged to N16.58 billion from N6.48 billion, and sales revenue increased by 6.28% to N10.30 billion. The group’s insurance service results improved by 43.87% to N17.65 billion, aided by lower insurance service expenses.