Jaiz Bank Shares Surge 106.6% at Nigerian Exchange

Jaiz Bank PLC recorded a remarkable 106.6% increase in its shares at the Nigerian Exchange (NGX) within the first four months of the year, opening at N4.55 per unit and closing at N9.40 per share. This performance significantly outpaced the average market gain of 55.69% and the overall market benchmark of 50.50%.

The bank's total value investment rose sharply, reflecting strong investor interest and confidence in its outlook. Financial projections indicate that Jaiz Bank will achieve gross earnings of N102.08 billion for the financial year ending December 31, 2026, with total operating income increasing to N61.76 billion.

Profit before tax is expected to rise to N31.04 billion in 2025, compared to N23.48 billion in 2024. The bank's total assets are projected to reach N1.287 trillion, a significant increase from N1.081 trillion recorded in 2024.

Jaiz Bank is also noted for being a pioneer in non-interest finance, having migrated to the NGX's non-interest finance board.