Stanbic IBTC Reports Potential Delay in AFS Filing

Stanbic IBTC Holdings PLC has hinted at a potential delay in filing its audited financial statements for the year ending December 31, 2025, which is due by March 31, 2026. The delay is attributed to the necessity of obtaining regulatory approvals from the Central Bank of Nigeria, the Securities and Exchange Commission, and the Nigerian Exchange Limited.

The bank reported a pre-tax profit of ₦551.7 billion, reflecting an 81.6% increase year-on-year, primarily driven by a 38.9% rise in interest income, which amounted to ₦787.05 billion, representing 88% of the bank's gross earnings. The bank's loan advances to customers increased by 60%, reaching ₦3.84 trillion, contributing to 59% of total interest income.

As of February 25, 2026, the bank's shares were priced at ₦122. The company is working to complete the filing process and expects to submit the necessary documents shortly before the deadline.