Jaiz Bank Stock Soars 75% After N31.3 Billion Profit

Jaiz Bank PLC experienced a remarkable 75% increase in its stock price month-to-date in February 2026, attributed to a pre-tax profit of N31.3 billion for the fiscal year 2025, representing a 28.43% year-on-year growth. The bank's investment income rose to N52 billion from N44.3 billion in 2024, contributing to an overall total income of N74.7 billion, which included N3.2 billion from net fees and commissions.

Total expenses were reported at N43.3 billion. This performance marks Jaiz Bank's strongest full-year results, following a 133% return to investors in 2023.

The bank's total assets grew by 19.05% to N1.2 trillion, with cash and cash equivalents increasing to N389.1 billion. The bank also raised N10.04 billion through a private placement of 10 billion shares to meet Central Bank recapitalization requirements.

The stock's rally was supported by heavy trading activity, with 354 million shares exchanged so far in February.