Signature Bank Reports N3.59bn Profit for 2025
Signature Bank announced a profit of N3.59 billion for the financial year ending December 31, 2025, a significant increase from N726 million in 2024. The bank's gross earnings surged by 94.5% to N24.99 billion, and total assets grew to N224.7 billion, with customer deposits increasing to N170.8 billion.
During the bank's 4th annual general meeting, shareholders approved the audited financial statements for 2025 alongside statutory resolutions. Chairman of the Board of Directors, Tijjani Borodo, described the financial year as a defining period for the bank, highlighting its resilience and disciplined execution in a challenging operational environment.
Managing Director and Chief Executive Officer, Nixon Iwedi, noted that the bank's performance reflects a commitment to disciplined growth and operational efficiency, with a focus on enhancing customer experience and building a modern, customer-centric financial institution. The bank aims to sustain long-term value creation while managing risks prudently.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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